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SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here

Primeritus Financial Services Sells 2 Recovery Businesses

Nick Zulovich
NASHVILLE, Tenn. — Primeritus Financial Services announced the sale of two of its subsidiaries last week. Officials confirmed that Primeritus sold Repossessions Unlimited operating in Florida and Extreme Recovery in California.   In the first transaction, Chris Fazio purchased Primeritus' ownership ... [Read More]

VantageScore Solutions Introduces Newly Constructed Credit Scoring Model

Nick Zulovich
STAMFORD, Conn. — This week, VantageScore Solutions — the company behind the VantageScore credit scoring model – rolled out its newly constructed credit scoring solution, VantageScore 3.0. The company highlighted the new model provides up to 25 percent predictive improvement ... [Read More]

More Improvements for 2013: SubPrime’s New Digital Edition

Nick Zulovich
CARY, N.C. — You might have already noticed the new look SubPrime Auto Finance News unveiled to begin this year. The graphic design team created a new look that's fresh and crisp to enhance the information and analysis you've come ... [Read More]

Nowcom and PayPros Offer Enhanced Payment Functionality in DealerCenter’s DMS

Nick Zulovich
NEWARK, Calif. — Nowcom Corp. and PayPros announced new integrated payment functionality within DealerCenter this week. Officials highlighted the payments solution from PayPros and Nowcom now can allow dealerships to run their entire operations from a single program. They explained ... [Read More]

NVLA Conference Assembles Day-Long Program Focused on LHPH

Nick Zulovich
HANOVER, Md. — With more buy-here, pay-here dealers considering leasing activity, the National Vehicle Leasing Association put together a special educational track focused on the lease-here, pay-here industry for its annual conference next month. The comprehensive day-long program on the ... [Read More]

Senate Continues CFPB Debate as CBA Discusses Agency’s Ties to Auto Lending

Nick Zulovich
WASHINGTON, D.C., and PHOENIX — Both on Capitol Hill and at the Consumer Bankers Association's annual gathering, lawmakers and lenders wanted to know how the Consumer Financial Protection Bureau is going to be led and what regulations are coming. First, ... [Read More]

Top 10 Markets for Pre-Approved Financing Utilization, Units Sold to Deep Subprime Buyers in February

Nick Zulovich
BANDON, Ore. — CNW Research pinpointed not only how many buyers obtained pre-approved vehicle financing and utilized it to purchase a used vehicle last month, but the firm also determined how many units were sold to deep subprime consumers. A ... [Read More]

CAFA’s Responsible Lending Initiative to Debut at BHPH World 2013 Convention

Nick Zulovich
SARASOTA, Fla. — The Leedom Group announced next month's BHPH World 2013 Convention will serve as the platform to launch an initiative and call to action for what's being dubbed, "BHPH Responsible Lending." Organizers highlighted this initiative was developed by ... [Read More]

GrooveCar Direct Launched as Customizable Loan Generation Tool for Credit Union Websites

Nick Zulovich
HAUPPAUGE, N.Y. – GrooveCar ramped up its efforts to help credit unions secure more auto loans with a new program called GrooveCar Direct. The company described GrooveCar Direct as a program that's "made to order" so credit unions can realize ... [Read More]

Car-Mart, CarHop Expand BHPH Store Networks

Nick Zulovich
BENTONVILLE, Ark., and EDINA, Minn. — Buy-here, pay-here dealership chains America's Car-Mart and CarHop recently made a series of additions to their store networks. By bringing on the 121st dealership into its portfolio, Car-Mart expanded its footprint in Missouri by ... [Read More]

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