Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
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Experts see Middle East conflict making current car & credit markets even more challenging
Tuesday, Mar. 24, 2026, 10:27 AM
With additional insight about affordability, FICO watches average credit scores tick lower again
Wednesday, Mar. 25, 2026, 11:27 AM
PODCAST: Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 01:05 PM
Industry Elite honoree Mike Thomas of Resolvion on building his career — literally
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
Thursday, Mar. 26, 2026, 02:23 PM
Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
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
Wednesday, Mar. 25, 2026, 05:01 PM
Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial
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
Wednesday, Mar. 25, 2026, 04:43 PM
NextGear Capital Finalizes Floor Plan Integration with AuctionACCESS
Thursday, Feb. 27, 2014, 08:05 PM
SubPrime Auto Finance News Staff
NextGear Capital this week announced a new floor planning integration with AuctionACCESS, a development that comes on the heels of a credit line availability integration between the two companies. Officials highlighted these moves will allow auctions to quickly and efficiently ... [Read More]
January Bankruptcy Filings Drop Year-Over-Year, Edge up Sequentially
Thursday, Feb. 27, 2014, 08:03 PM
SubPrime Auto Finance News Staff
The American Bankruptcy Institute reported that total filings in the United States decreased 13 percent in January from the same month last year. According to data provided by Epiq Systems, bankruptcy filings totaled 68,153 in January, down from last January's ... [Read More]
Resource Hub
Best Practices, Ideas, and Tools for Business
The Dealer’s Guide to Smarter GPS Tracking
A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Used Car Turn Vendor Management Checklist
Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
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Ally Spells out Reasons for Slight Moves in Q4 Originations, Charge-Offs and Delinquencies
Thursday, Feb. 27, 2014, 08:02 PM
Nick Zulovich, Editor
Despite financing originations tailing off a bit during the fourth quarter, Ally Financial senior executive vice president of finance and corporate planning Jeffrey Brown contends the company is in a great position to capitalize on growing vehicle and F&I sales ... [Read More]
FTC Approves Final Order Settling Charges Involving Two Dealers’ Deceptive Ads
Monday, Feb. 24, 2014, 08:32 PM
SubPrime Auto Finance News Staff
WASHINGTON, D.C. — Following a public comment period, the Federal Trade Commission approved final consent orders this week, settling charges that two dealers deceptively advertised the cost or available discounts for their vehicles. The FTC charged Don White's Timonium Chrysler ... [Read More]
Ally Unveils 3-Point Plan for Performance ‘Encore’
Thursday, Feb. 6, 2014, 10:12 PM
Nick Zulovich, Editor
With the financial penalty associated with the Consumer Financial Protection Bureau and U.S. Department of Justice settlement leaving a significant impact on the company's fourth-quarter performance, Ally Financial chief executive officer Michael Carpenter outlined a three-point plan to achieve success ... [Read More]
AutoNation, Asbury Bosses Consider NADA Fair Credit Guidance
Thursday, Feb. 6, 2014, 10:10 PM
Nick Zulovich, Editor
Less than two weeks after the National Automobile Dealers Association released its fair credit guidance to member franchised stores, top executives at two of the largest publicly traded dealer groups are still assessing the recommendations and determining what to do ... [Read More]
Amount of January Subprime Used Buyers Rises Nearly 25 Percent
Thursday, Feb. 6, 2014, 10:07 PM
SubPrime Auto Finance News Staff
CNW Research determined the amount of pre-approved loans, subprime buyers and the percentage of January's used-vehicle sales to buyers with FICO scores below 550 all increased year-over-year. The firm indicated the level of pre-approved financing for a used-vehicle purchase last ... [Read More]
Wolters Kluwer Financial Services Teams with Frazer
Thursday, Feb. 6, 2014, 10:04 PM
SubPrime Auto Finance News Staff
Wolters Kluwer Financial Services recently integrated with Frazer's Bankers Systems brand retail installment contracts. Officials explained the integration can provide Frazer with the ability to electronically select and print plain-paper compliant contracts, disclosures and ancillary forms through the Frazer DMS ... [Read More]
2 Northeast Credit Unions Enjoy Exponential Growth with CU Xpress Lease
Thursday, Feb. 6, 2014, 10:02 PM
SubPrime Auto Finance News Staff
Two Northeast credit unions recently reported exponential growth using CU Xpress Lease, an alternative new-vehicle leasing product that incorporates low residual value risk to create incremental loan growth and increased efficiency. Teachers Federal Credit Union in Hauppauge, N.Y., said it ... [Read More]
Fitch Cautions Lenders About Used Supply Pressuring ABS Performance
Monday, Feb. 3, 2014, 08:31 PM
SubPrime Auto Finance News Staff
Fitch Ratings projected that increased supplies of off-lease vehicles coupled with rising inventories and new-vehicle production could hurt the wholesale market and auto ABS performance metrics over the long term. Citing data from Ward's Automotive, Fitch indicated that days' supply ... [Read More]
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