As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...
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2025 Non-Prime Automotive Financing Industry Survey is ‘more than just numbers’
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COMMENTARY: Is your payments platform safeguarding compliance?
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MFS Explains Thinking Behind DSC Deal
Friday, Jan. 27, 2012, 12:00 AM
Nick Zulovich
ATLANTA — Expanding more on the recent deal to buy Dealer Services Corp., Patrick Brennan, group vice president for Manheim Financial Services, told SubPrime Auto Finance News today that at first, dealers and clients won't see many changes. Business will remain ... [Read More]
Cherokee Automotive Group Highlights New Re3 Brand, Redesigned Newsletter
Wednesday, Jan. 25, 2012, 12:00 AM
Nick Zulovich
CARY, N.C. — Nearly two years after first delving deeper into the industry with a new weekly e-newsletter, Cherokee Automotive Group is rebranding its repossession and recovery media property with an eye on broadening its audience online and through industry ... [Read More]
Resource Hub
Best Practices, Ideas, and Tools for Business
Out-of-State Titling: 12 Steps Every Title Clerk Should Follow (The Easy Way)
Out-of-state titling isn’t easy. With every state having different DMV requirements, document packets, and deadlines, it’s easy for mistakes to...
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Free Guide: How Smart Dealers Can Profit from Customer Car Insurance
Turn Customer Auto Insurance into Dealership Profit If you're not profiting from auto insurance in your dealership, now’s the time...
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Go In-House With Your Photos
Your Photo Vendor Didn’t Show Up Again? Let’s Fix That. Stop relying on vendors and start owning your inventory. This...
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The Auto Dealer’s Complete Checklist for Evaluating AI
The Auto Dealer’s Complete Checklist for Evaluating AI highlights key questions dealership leaders should ask technology partners during the selection...
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Dealer Guide: Selecting the Right Auto Logistics Partner
In retail automotive, your transport provider isn’t just moving cars — they’re moving your business forward. Every delayed delivery, damaged...
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Case Management Made Easy: Harnessing the Power of Technology
Lenders are grappling with record-high automotive loan delinquencies, all while navigating budget constraints, staffing shortages and more. To overcome these...
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Edmunds.com Revisits Cases of Dealers Deceiving Military Personnel
Wednesday, Jan. 25, 2012, 12:00 AM
Nick Zulovich
SANTA MONICA, Calif. — Edmunds.com revisited a discussion this week that's been on the radar of finance associations, lenders and the new Consumer Financial Protection Bureau — how members of the U.S. military are particularly vulnerable to deceptive practices by ... [Read More]
Experian’s Latest Business Benchmark Report Reveals Several Improvement Signs
Wednesday, Jan. 25, 2012, 12:00 AM
Nick Zulovich
COSTA MESA, Calif. — Experian's fourth quarter Business Benchmark Report showed general improvement in business performance in most categories such as bill payments and delinquencies quarter over quarter. However, analysts acknowledged metrics remained negative from a year-over-year perspective. Experian discovered ... [Read More]
CarMark Certified Program Welcomes Three New Dealers
Monday, Jan. 23, 2012, 12:00 AM
Nick Zulovich
CARY, N.C. — The CarMark Certified Pre-Owned program, an industry leader in comprehensive third-party pre-owned vehicle certification programs, announced recently that three new dealers — two in West Virginia and one in California — have joined its ranks and are ... [Read More]
OnlineBKmanager.com Partners with AFS Acceptance to Expand Lender Partner Program
Monday, Jan. 23, 2012, 12:00 AM
Nick Zulovich
Chandler, Ariz. — Bankruptcy marketing company OnlineBKmanager.com revealed late last week it is now partnering with AFS Acceptance in an effort to expand its Lender Partner Program. This program is designed to help give dealers bankruptcy leads, as well as ... [Read More]
CarHop Rolls out Fourth Colorado Store
Monday, Jan. 23, 2012, 12:00 AM
Nick Zulovich
EDINA, Minn. — For the second time this month, CarHop broadened its network of buy-here, pay-here dealerships. After venturing into California for the first time as well as placing another store near Chicago, CarHop opened its fourth rooftop in Colorado ... [Read More]
Ally Tapped as Preferred Finance Source for Wheelchair Accessibility Vehicle Manufacturer
Monday, Jan. 23, 2012, 12:00 AM
Nick Zulovich
DETROIT — Vehicle Production Group, which designs, manufactures, markets and distributes models for wheelchair accessibility, selected Ally Financial Monday as the preferred financing provider in the U.S. Officials explained Ally will offer wholesale financing, floor plan insurance and remarketing services ... [Read More]
Fed Provides New Update on Auto Loans at Commercial Banks
Friday, Jan. 20, 2012, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — While the Federal Reserve didn't begin a new year with a monthly look at trends associated with new-vehicle loans generated by finance companies, officials did present November data about contracts from commercial banks. The Fed discovered the ... [Read More]
Peritus Portfolio Services Aligns with PassTime
Friday, Jan. 20, 2012, 12:00 AM
Nick Zulovich
SOUTHLAKE, Texas — Peritus Portfolio Services, a purchaser of open bankruptcy auto secured paper from dealers, finance companies, banks and credit unions, recently formed an alliance with PassTime, a provider of GPS tracking and automated collection technology solutions to the ... [Read More]
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