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Wayne Ray fills newly created position of CEO for ARA

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Equifax sees auto lenders looking to subprime for growth opportunities

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Ted Berlovich of Clutch

Monday, Jun. 29, 2026, 03:44 PM

Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

United Car Dealers Association Leaders Join CUCW Live Stage

Thursday, Jun. 25, 2026, 07:09 PM

Next up on our series of Auto Remarketing Podcast episodes from Live Stage at Canada’s Used Car Week is a conversation with United Car Dealers Association leaders Jim Hamilton, Christy Fines and John Tangreda. They talk with Cherokee Media Group ... Listen Here

Blair Earle of IAA Canada

Thursday, Jun. 25, 2026, 06:59 PM

Kicking off our series of Auto Remarketing Podcast episodes from the Live Stage at Canada’s Used Car Week is a conversation with Blair Earle, who is managing director at IAA Canada. Earle and Cherokee Media Group senior editor Joe Overby ... Listen Here

SRS & MeridianLink integrate systems to boost collections & repossessions

Wednesday, Jul. 3, 2024, 10:35 AM

SubPrime Auto Finance News Staff

Two service providers involved with repossessed vehicles now are working together. Strategic Remarketing Services (SRS), a provider of repossession and remarketing services, recently announced that its platform will be integrated with MeridianLink. The companies said the integration can allow finance ... [Read More]

Vroom settles with FTC, ordered to pay $1M to impacted car buyers

Wednesday, Jul. 3, 2024, 10:35 AM

SubPrime Auto Finance News Staff

The Federal Trade Commission said late Tuesday that it took enforcement actions against Vroom for misrepresenting that the retailer thoroughly examined all vehicles before listing them for sale. The FTC also said Vroom failed to obtain consumers’ consent to shipment ... [Read More]

PODCAST: NextGear Capital president on interest rates & more

Wednesday, Jul. 3, 2024, 10:34 AM

SubPrime Auto Finance News Staff

NextGear Capital president Scott Maybee addressed a question that dealerships likely have been wondering, too, as they examine their floorplan expenses and other operational matters. What if interest rates never drop much below where they currently are? Maybee shared his ... [Read More]

APCO opens second half of year with 2 more acquisitions

Tuesday, Jul. 2, 2024, 10:47 AM

SubPrime Auto Finance News Staff

APCO Holdings began the second half of the year getting back in the acquisition game. On Monday, the provider and administrator of automotive F&I products and home to the EasyCare, GWC Warranty and Crystal Fusion brands announced it has made ... [Read More]

LegalShield spots consumer stress intensifying, especially in battleground states

Monday, Jul. 1, 2024, 12:06 PM

SubPrime Auto Finance News Staff

As President Joe Biden and Donald Trump had their first debate last week, LegalShield used its latest Consumer Stress Legal Index (CSLI) to take a closer look at what’s happening with consumers in battleground states as well as providing an ... [Read More]

Carleton elevates Way Milovich to general counsel & VP of compliance following Buysse’s retirement

Monday, Jul. 1, 2024, 12:04 PM

SubPrime Auto Finance News Staff

Last week, Carleton announced the promotion of Sarah Way Milovich to general counsel and vice president of compliance following Jeff Buysse’s retirement after nearly a 40-year career managing Carleton’s compliance services. The provider of compliant financial calculations and lending document ... [Read More]

7 findings from first report generated by CFPB’s Auto Finance Data Pilot

Tuesday, Jun. 18, 2024, 12:09 PM

SubPrime Auto Finance News Staff

The Consumer Financial Protection Bureau released its initial findings on Monday from its Auto Finance Data Pilot deployed last February. The CFPB made nine market monitoring orders to three banks, three finance companies and three captives to provide information about ... [Read More]

CFPB wants to eliminate delinquent medical bills from credit reports

credit report image

Monday, Jun. 17, 2024, 09:27 AM

SubPrime Auto Finance News Staff

Perhaps your underwriting department used information about unpaid medical bills on an applicant’s credit report when determining whether to offer auto financing and under what terms. Last week, the Consumer Financial Protection Bureau proposed a rule that would remove medical ... [Read More]

4 benefits of FlexPath’s new partnership with Yield Solutions Group

Thursday, Jun. 13, 2024, 03:10 PM

SubPrime Auto Finance News Staff

Just ahead of next week’s NIADA Convention, FlexPath DXP and Yield Solutions Group announced a strategic partnership to bring advanced virtual F&I solutions to independent dealers nationwide. The companies said this collaboration marks a significant milestone in the evolution of ... [Read More]

Peritus hires Stanley as senior vice president of business development and marketing

Another former Manheim Canada exec joins Otolane

Thursday, Jun. 13, 2024, 03:09 PM

SubPrime Auto Finance News Staff

This week, Peritus Portfolio Services announced the hiring of Chris Stanley as senior vice president of business development and marketing. The provider of custom bankruptcy solutions said Stanley will join the company to focus on helping clients and prospects improve ... [Read More]

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