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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

TransUnion Study: Consumers Who Actively Monitor Their Own Credit Open Far More New Auto Loans

Nick Zulovich
CHICAGO — A new TransUnion study found that people who monitor their own credit files open significantly more new auto loans and credit cards, and perform generally as well on those loans as consumers who do not monitor their own ... [Read More]

Fitch: Seasonality Pushes US Auto ABS Losses 12 Percent Higher

Nick Zulovich
NEW YORK — The most recent index results from Fitch Ratings indicated U.S. auto ABS loss rates rose 12 percent from levels seen in August, though performance was notably stronger in September than in past years to close out the ... [Read More]

Expectations for Monthly Used-Car Sales

Nick Zulovich
CARY, N.C. — As the October sales month winds down, used-car sales projections for the period are up. SubPrime Auto Finance News compiled the sale forecasts for October from TrueCar.com, Edmunds.com and CNW Research. While the numbers may vary, the ... [Read More]

New Provider Unveils Repo, Skip-Tracing Compliance Management Platform for Lenders

Nick Zulovich
ELIZABETH, N.J. — A new Arizona-based vendor screening company today launched what it's calling the first online compliance management system for the auto lending industry. Vendor Transparency Solutions explained that it developed an industry-specific, comprehensive, supplier screening solution designed to ... [Read More]

NABD Adds Texas Legend Ingram to Hall of Fame

Nick Zulovich
ATLANTA — This week's ceremony during the NABD East Coast Conference to enshrine the newest member of the alliance's Hall of Fame turned back the clock on the buy-here, pay-here industry to a time of handshake contracts and Southern hospitality. ... [Read More]

CFPB Now Taking Credit Reporting Complaints

Nick Zulovich
WASHINGTON, D.C. — Since its own study showed discrepancies between the credit scores sold to creditors, lenders and finance companies and ones sold to consumers, this week the Consumer Financial Protection Bureau started to accept credit reporting complaints. Scott Pluta, ... [Read More]

Recovery Database Network Reveals Integration with MasterFiles

Nick Zulovich
REDWOOD CITY, Calif. — Recovery Database Network announced this week that it has integrated its application with MasterFiles, a data service provider of public records information for the purposes of debt collection, asset recovery and creditworthiness. Explaining the partnership further, ... [Read More]

Free Upcoming Tax Max Webinar to Show How to Start Tax Season in November

Nick Zulovich
CARY, N.C. — For dealers who might have missed its NABD East Coast Conference presentations earlier this week, Tax Max Refund Services is offering a free Webinar this coming Monday titled, "Moving Cars by Starting Tax Season in November." Chip ... [Read More]

CPS Posts First Quarter of Organic Sequential Revenue Growth Since 2007

Nick Zulovich
IRVINE, Calif. — What top executives said was the company's first quarter of organic sequential revenue growth since 2007, Consumer Portfolio Services posted in third-quarter gains in earnings, revenue and new contracts purchases. The company tabulated that its earnings came ... [Read More]

Ally Financial Sells Canadian Auto Lending Operations

Nick Zulovich
DETROIT — Less than seven days after announcing it was selling insurance business interests in Mexico, Ally Financial on Tuesday reached an agreement to sell its Canadian auto finance operation, Ally Credit Canada, and ResMor Trust to Royal Bank of ... [Read More]

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