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Industry Elite honoree Mike Thomas of Resolvion on building his career — literally
Thursday, Mar. 26, 2026, 02:23 PM
Next up in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Thomas, who is chief executive officer of Resolvion. Thomas shares memories with Cherokee Media Group senior editor Nick Zulovich about working in construction and ... Listen Here
Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 05:01 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance ... Listen Here
Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial
Wednesday, Mar. 25, 2026, 04:43 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Kelly Wyatt, who is chief digital officer with GM Financial. Wyatt shares a conversation with Cherokee Media Group senior editor Nick Zulovich about being ... Listen Here

SEC Demand Could Impede Nicholas Financial Sale

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Friday, May. 9, 2014, 03:19 PM
SubPrime Auto Finance News Staff
Demands by the Securities and Exchange Commission are placing a hurdle in Nicholas Financial — an indirect special finance company that originates subprime loans with more than 1,600 dealers — becoming an indirect wholly owned subsidiary of Prospect Capital Corp. ... [Read More]

New House Bill Would Regulate How CFPB Handles Data

Rep Lynn Westmoreland for SPN
Friday, May. 9, 2014, 03:17 PM
SubPrime Auto Finance News Staff
Rep. Lynn Westmoreland introduced a bill on the U.S. House floor this week aimed at regulating how the Consumer Financial Protection Bureau handles consumer data. The Georgia Republican explained the CFPB Data Collection Security Act is meant to address what ... [Read More]

Outstanding Auto Balances Recover to 2005 Level

money car
Friday, May. 9, 2014, 03:12 PM
Nick Zulovich, Editor
Remember 2005? That’s when the BlackBerry was the smartphone of choice, and the Federal Reserve pushed the short-term interest rate to 3 percent, marking the eighth increase in less than a year. That year also was the last time this ... [Read More]

4 Tips to Help Shoppers with Poor Credit

buying car 3
Wednesday, May. 7, 2014, 03:34 PM
SubPrime Auto Finance News Staff
Based on the thinking that the right approach to financing a vehicle can help subprime buyers get their credit back on the right track, Edmunds.com offered four recommendations that dealers can share with consumers to help with the process. Those ... [Read More]

CFPB Proposes Rule for More Effective Privacy Disclosure Distribution

evaluating car with cell phone
Wednesday, May. 7, 2014, 03:32 PM
SubPrime Auto Finance News Staff
With at least one industry association cheering the move, the Consumer Financial Protection Bureau on Tuesday proposed a rule to promote more effective privacy disclosures from financial institutions to their customers. The rule would allow companies that limit their consumer ... [Read More]

Ally Pleased with Dealer Floor Plan Performance

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Wednesday, May. 7, 2014, 03:30 PM
Nick Zulovich, Editor
Not every single General Motors franchised dealership uses Ally Financial to cover floor plan needs. While company executives say they're working to improve penetration levels, Ally leadership says it’s focused on another metric that shows the solid performance the company ... [Read More]

National Auto Acceptance Rolls out Program for Ohio Dealers

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Monday, May. 5, 2014, 03:53 PM
SubPrime Auto Finance News Staff
National Auto Acceptance Corp. recently announced a subprime/deep subprime point-of-sale program offered to independent and franchised dealerships throughout Ohio. The company explained its program can help dealers capture customers with poor credit, past bankruptcies or repossessions, as well as and ... [Read More]

CFPB to Abide by GAO’s Recommendations After Audit

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Monday, May. 5, 2014, 03:52 PM
SubPrime Auto Finance News Staff
The Government Accountability Office — the audit, evaluation and investigative arm of Congress — recently completed an audit of the Consumer Financial Protection Bureau’s fiscal years 2013 and 2012 financial statements. GAO officials said they identified two significant deficiencies in ... [Read More]

ABI Reveals New President

new ABI president
Monday, May. 5, 2014, 03:49 PM
SubPrime Auto Finance News Staff
The American Bankruptcy Institute recently tapped Brian Shaw of Shaw Fishman Glantz & Towbin of Chicago to be the organization's president for a one-year term. Shaw takes over for Patricia Redmond of Stearns, Weaver, Miller, Weissler, Alhadeff & Sitterson of ... [Read More]

Subprime Sales Move Higher in April

upward arrow
Monday, May. 5, 2014, 03:45 PM
Nick Zulovich, Editor
April’s used-vehicle sales numbers backed up assertions that the economy is generally on a positive path and finance companies can leverage the situation into profits down the road. According to CNW Research, used-vehicle sales in April to deep subprime buyers ... [Read More]

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