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 averages 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 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
Industry Elite: Sean Morgan of Westlake Financial
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here
Monday, Mar. 23, 2026, 03:07 PM
CFPB Orders US Bank, DFS to Refund $6.5M in Revenue Stemming from Vehicle Loans to Service Members
Friday, Jun. 28, 2013, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. and MINNEAPOLIS — The first significant penalty from the Consumer Financial Protection Bureau in connection with vehicle financing came Thursday — a development associated with approximately $6.5 million in revenue for two companies. The CFPB ordered U.S. Bank ... [Read More]
Reynolds, Dealertrack React to First CFPB Enforcement Action in Vehicle Financing Market
Friday, Jun. 28, 2013, 12:00 AM
Nick Zulovich
CARY, N.C. — Compliance experts from Reynolds and Reynolds and Dealertrack Technologies explained how the first enforcement action against the vehicle financing industry by the Consumer Financial Protection Bureau might give more detail about the agency's regulatory agenda. To begin ... [Read More]
35 House Republicans Seek CPFB Disparate Impact Methodology and More
Wednesday, Jun. 26, 2013, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Nearly simultaneously as the director of the Consumer Financial Protection Bureau reportedly responded to a series of policy questions from the House Democrats, lawmakers from the other side of the aisle fired a list of inquiries about ... [Read More]
TransUnion: Subprime Auto Loans Trigger Q1 National Delinquency Rate Uptick
Wednesday, Jun. 26, 2013, 12:00 AM
Nick Zulovich
CHICAGO — TransUnion didn't hesitate in stating the slight uptick in the national auto loan delinquency rate occurred because of a rise in delinquencies for subprime borrowers. This week, analysts found that delinquencies for subprime buyers crept up to 5.50 ... [Read More]
Huntington Expands Dealer Financing Business into Connecticut
Wednesday, Jun. 26, 2013, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — Huntington recently announced that it is expanding its successful auto dealer financing business into Connecticut and added key personnel into the state to support the initiative. Huntington indicated that the company hired a seasoned team with local ... [Read More]
RDN: Recovery Volumes Pick up in May
Wednesday, Jun. 26, 2013, 12:00 AM
Nick Zulovich
REDWOOD CITY, Calif. — Some of the May metrics included in the latest RDN Monthly Analytics Update reversed course from the downward movement reported a month earlier. Analysts indicated May recovery volumes ticked up 2 percentage points versus the April ... [Read More]
Top Execs from CPS, Westlake and AFS Acceptance Among New Additions for SubPrime Forum
Monday, Jun. 24, 2013, 12:00 AM
Nick Zulovich
SAN DIEGO — The SubPrime Forum, the new addition to Used Car Week 2013, is boasting a growing speaker lineup that is incorporating top executives from some of the leading finance companies, including Consumer Portfolio Services, Westlake Financial Services and ... [Read More]
Free NCM Webinar to Discuss Reconditioning at BHPH Dealerships
Monday, Jun. 24, 2013, 12:00 AM
Nick Zulovich
CARY, N.C. — SubPrime Auto Finance News is hosting one of NCM Associates' top buy-here, pay-here trainers for a free webinar to help dealers make better decisions regarding reconditioning. BHPH specialist Gene Daughtry will explain the different business models and ... [Read More]
Credit Acceptance Announces Extension of Revolving Secured Line of Credit Facility
Monday, Jun. 24, 2013, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. announced last week that it has extended the maturity of its credit facility with a commercial bank syndicate. The maturity date moved from June 22, 2015 to June 23, 2016. "There were no material ... [Read More]
Demand by BHPH Stores Pushes Dealer Tac Growth Plans
Monday, Jun. 24, 2013, 12:00 AM
Nick Zulovich
LAS VEGAS — Dealer Tac, a comprehensive nationwide network database aimed at improving repossession and recovery efforts for buy-here, pay-here dealerships, is looking to expand to meet growing demand. With more than 6,000 BHPH stores already in its system, Dealer ... [Read More]
X