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Dissecting evolving credit scores with Shams Blanc of FICO
Monday, Nov. 24, 2025, 03:34 PM
As much as auto-finance underwriting has become sophisticated, a potential starting point to determine if the applicant will be offered an installment contract is the credit score. Shams Blanc, who is vice president of auto scores at FICO, described the ... Listen Here
Used Car Week Hall of Famer Jerry Kroshus of Location Services
Wednesday, Nov. 12, 2025, 04:19 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media President Bill Zadeits talks with Kroshus about his career journey in ... Listen Here
Used Car Week Hall of Famer Kathy Ruble of Ally
Tuesday, Nov. 11, 2025, 07:52 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here

Louisiana-Based Credit Union Partners with AppOne

Thursday, Aug. 27, 2009, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — Wolters Kluwer Financial Services has gained another partner that will use its AppOne platform to provide indirect lending, credit approval and compliance processes to lenders and dealerships. The new partner is ASI Federal Credit Union, one of ... [Read More]

CNW: Average FICO Dips, More Women Turn to Plastic for Down Payments

Thursday, Aug. 27, 2009, 12:00 AM
Nick Zulovich
BANDON, Ore. — CNW Research discovered that as banks, captives, credit unions and others tried to leverage the Cash for Clunkers, they allowed average FICO scores to dip. More specifically, the average FICO score, including cash, finance and lease customers, came ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

The ART of AI: A Dealership Guide to Deploying AI With Confidence

AI is rapidly reshaping dealership operations, yet most stores are still in early experimentation mode. According to the Cox Automotive...
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Turn Battery Risk Into Trust: Your Edge in the Used EV Market

Independent battery health certification is the new gold standard for used EV dealerships. The latest AVILOO detect Magazine reveals how...
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How GMs Start Their Day with Mastermind & Make More Deals

Successful General Managers know that how you start the day sets the tone for dealership performance. This checklist outlines the...
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Rising Repos, Shrinking Margins: A Guide to Reduce Collections and Servicing Costs with AI Agents

As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...
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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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Repossessions: What’s the Alternative?

Thursday, Aug. 27, 2009, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — In this difficult economy, more and more customers are struggling to make their buy-here, pay-here car payments. Repossessions are occurring at record levels as customers are simply surrendering their vehicles and walking away from the balance on their ... [Read More]

Fitch Ratings Revises Outlook for Ford and Ford Credit

Thursday, Aug. 27, 2009, 12:00 AM
Nick Zulovich
CHICAGO — In a positive turn, Fitch Ratings announced it has revised its ratings outlook on Ford and Ford Credit from "Negative" to "Stable." Additionally, the company said the issuer default rating for Ford has been affirmed at "CCC." Fitch officials ... [Read More]

EZ Dealer Finance Launches Application Lending System

Tuesday, Aug. 25, 2009, 12:00 AM
Nick Zulovich
OLD BRIDGE, N.J. — EZ Dealer Finance, a provider of auto lending solutions, recently announced the release of its EZ Dealer Application System. Basically, the company provides a Web site for independent and franchise dealers to submit loan applications. The staff has ... [Read More]

Mint Leasing Management Expects Stronger Second Half

Tuesday, Aug. 25, 2009, 12:00 AM
Nick Zulovich
HOUSTON — For the second quarter of this year, Mint Leasing, a subprime leasing company, reported that its ability to generate revenues from new leases was "greatly restricted" by the lack of available financing. Company officials indicated that its line of ... [Read More]

A New Lender Offers Prestige Credit Commitment

Tuesday, Aug. 25, 2009, 12:00 AM
Nick Zulovich
SALT LAKE CITY — Prestige Financial Services announced on Monday that a new lender has joined with Wells Fargo Preferred Capital and Bank of America Business Capital as institutions on its line of credit. The new company to join the credit ... [Read More]

ABI: Annual Bankruptcy Filings to Surge Past 1.4 Million

Tuesday, Aug. 25, 2009, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — The total number of U.S. bankruptcies filed during the first six months climbed 36 percent over the same period in 2008, according to the American Bankruptcy Institute. Total filings reached 711,550 during the first half of the calendar ... [Read More]

SubPrime Auto Finance News Offers Updated Lender Directory

Thursday, Aug. 20, 2009, 12:00 AM
Nick Zulovich
CARY, N.C. — As many lenders continue to maintain tighter underwriting and higher credit standards, hundreds if not thousands of dealers throughout the country continue to seek out new lender relationships to fill the gap, or they elect to enter the ... [Read More]

J.D. Byrider Hires New VP of Franchise Development

Thursday, Aug. 20, 2009, 12:00 AM
Nick Zulovich
CARMEL, Ind. — J.D. Byrider has hired a new vice president to run the company's franchise development. Taking on the position is Michael Pearce. He will be responsible for increasing the number of locations by licensing new franchisees to J.D. Byrider's ... [Read More]
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