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Cutting keys & cutting costs during repossessions and recoveries
Wednesday, Dec. 10, 2025, 04:42 PM
Drawing standing-room-only attendance in the second-largest setting at Used Car Week 2025, Ryan Miller led a six-executive panel session that focused on one of the most complex challenges in all of repossessions and recoveries. Now available through this episode of ... Listen Here
Four experts on automotive & the economy
Wednesday, Dec. 10, 2025, 04:39 PM
Used Car Week 2025 again brought together experts who can explain which parts of the economy impact automotive most. This year’s event included views from Laura Wehunt of Black Book, Tim Gill of the American Financial Services Association, T.J. Cox ... Listen Here
Sponsored Episode: Winning Trade-Ins and Trust – Navigating Today’s Affordability Challenges
Friday, Dec. 5, 2025, 03:15 PM
Affordability challenges are reshaping the automotive landscape—vehicle prices and payments are at all-time highs and negative equity is on the rise. In this episode, Micah Tindor offers a data-driven conversation with real-world strategies around acquisition tactics and long-term profitability to ... Listen Here

Finance Express Broadens Lender Platform

Thursday, Dec. 2, 2010, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express recently added another lender to its stable of Web-based financial services and technology for independent dealerships. The company revealed it brought in E&S Funding. Finance Express president David Huber discussed the reasons for this ... [Read More]

Aimbridge Now Offers Dealers More Accessibility to Pre-Approvals on Potential Customers

Thursday, Dec. 2, 2010, 12:00 AM
Nick Zulovich
ENGLEWOOD, Colo. — CRIF Lending Solutions-Aimbridge recently rolled out automatic accessibility to pre-approval loan notifications for credit unions, dealers and other clients through several widely adopted applications. Aimbridge customers now have accessibility through DealerTrack, RouteOne and AppLine dealer application portals as ... [Read More]

NowAuto Group Finds Ways to Improve 1Q Gross Margin While Cutting Charge-offs, Defaults

Thursday, Dec. 2, 2010, 12:00 AM
Nick Zulovich
PHOENIX — While NowAuto Group still sustained a net loss during the first quarter of its 2011 fiscal year, the company recently reported double-digit improvements in gross margin as well as the cost of charge-offs and defaults. The company indicated first-quarter ... [Read More]

FTC Launches Narrow Investigation into Dealer Practices

Thursday, Dec. 2, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — SubPrime Auto Finance News learned this week that buy-here, pay-here dealers throughout the nation are randomly being tapped by the Federal Trade Commission to provide copies of their contracts for the last year. This move is a part ... [Read More]

ABI Reveals Bankruptcy Trends

Tuesday, Nov. 30, 2010, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — According to an upcoming ABI Journal article about consumers who filed for bankruptcy last year, researchers found that the majority of filers were Caucasian, married, employed, between the ages of 35 and 54, had at least a high ... [Read More]

Crescent Bank & Trust to Integrate with Open Dealer Exchange

Tuesday, Nov. 30, 2010, 12:00 AM
Nick Zulovich
TROY, Mich. — Open Dealer Exchange announced this week that Crescent Bank & Trust will integrate directly into the dealer management system to enhance the loan approval process. Headquartered in New Orleans, CB&T is a leading indirect subprime lender that does ... [Read More]

SNAAC Names New President

Tuesday, Nov. 30, 2010, 12:00 AM
Nick Zulovich
CINCINNATI — Security National Automotive Acceptance Corp. recently announced its chief operating officer has a new role with the company. The company elevated Brian McDonald to president. He now reports to Becky and Ted Catino, co-chief executive officers of SNAAC. In ... [Read More]

Fitch Says Auto ABS Performance Particularly Strong for This Time of Year

Tuesday, Nov. 30, 2010, 12:00 AM
Nick Zulovich
NEW YORK — Thanks in large part to unprecedented seasonal strength in the used-vehicle market, Fitch Ratings reported that both prime and subprime auto loan asset-backed securities showed delinquency improvements in October. Another factor helping to push the drops in delinquencies ... [Read More]

ABA Rolls Out Financial Reform Tracking Site

Tuesday, Nov. 23, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Since so much policy associated with financial reform has yet to be spelled out by federal regulators, the American Bankers Association recently launched a new online resource aimed at keeping members up to date. The association explained the ... [Read More]

Subprime Approvals Continue to Creep Higher

Tuesday, Nov. 23, 2010, 12:00 AM
Nick Zulovich
BANDON, Ore. — Subprime new-loan approvals have now shown four months of increases, according to CNW Research. For October, 7.6 percent of subprime loan applications were approved, up from 6.9 percent in September and 5.7 percent in October 2009. "While still ... [Read More]
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