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How EVAI became VMS with co-CEO David Prusinski
Monday, Oct. 6, 2025, 07:40 PM
David Prusinski is now the co-CEO of Vehicle Management Systems (VMS), which previously operated as EVAI. Prusinski shared about how the company arrived at its new brand and what might be ahead for the provider of data analytics and artificial ... Listen Here
Cox Automotive’s Andy Mayers on opportunity in subprime & elsewhere in auto finance
Friday, Oct. 3, 2025, 02:33 PM
Andy Mayers sees opportunity in subprime and other parts of auto finance. The associate vice president of business operations for retail solutions with Cox Automotive explained his reasons during this episode of the Auto Remarketing Podcast. Mayers also mentioned another ... Listen Here
The Future of EVs & More From the OEM Lens
Tuesday, Sep. 30, 2025, 07:38 PM
Laurie Harbour is a partner at Wipfli, a top 25 accounting and advisory firm, and works with automakers and suppliers on how to adjust to changing winds of automotive. Harbour joins the Auto Remarketing Podcast to discuss how automakers are ... Listen Here

Free weekly credit report availability now permanent

credit report image
Tuesday, Sep. 19, 2023, 10:51 AM
SubPrime Auto Finance News Staff
Equifax, Experian and TransUnion on Monday reinforced their commitment to the financial health of U.S. consumers with the ongoing availability of free weekly credit reports through AnnualCreditReport.com. The three nationwide credit reporting agencies (NCRAs) announced the free service first introduced ... [Read More]

More softening auto data as next Fed interest-rate decision nears

money-key
Monday, Sep. 18, 2023, 09:57 AM
SubPrime Auto Finance News Staff
With the Federal Reserve on deck to announce its next decision involving interest rates on Wednesday, policymakers have softening trends percolating from the auto finance space to consider when deciding if another rate hike is merited to curb inflation. Last ... [Read More]

LendingClub Bank to use Santander as servicer for auto portfolio

Santander image
Friday, Sep. 15, 2023, 10:14 AM
SubPrime Auto Finance News Staff
Santander Consumer USA is doing more than just booking its own paper nowadays. This week, SCUSA announced that it has been chosen as the primary servicer for LendingClub’s auto refinance portfolio. According to a news release, LendingClub Bank has a ... [Read More]

KBRA moves into larger Chicago office

Friday, Sep. 15, 2023, 10:13 AM
SubPrime Auto Finance News Staff
Kroll Bond Rating Agency (KBRA) now has more room to operate in the Windy City. This week, KBRA announced the opening of a new corporate office at 71 South Wacker Drive in the heart of the Chicago Loop to support ... [Read More]

PODCAST: Equifax on returning student loan payments impacting auto

Thursday, Sep. 14, 2023, 10:34 AM
SubPrime Auto Finance News Staff
The pause in federal student loan payments triggered by the pandemic ends in October, so some consumers will have a monthly expense of several hundred dollars again. Tom Aliff, risk consulting leader with Equifax, explained why auto finance companies need ... [Read More]

Cox Automotive: Looser credit hasn’t translated into additional applications

Wednesday, Sep. 13, 2023, 12:02 PM
SubPrime Auto Finance News Staff
Auto finance providers reportedly loosened underwriting again in August, according to the Dealertrack Credit Availability Index. They opened to a point that experts said auto credit was easier to get in August than any time so far this year. But ... [Read More]

700Credit finalizes affiliation with OTTOMOTO

online car shopping
Monday, Sep. 11, 2023, 11:48 AM
SubPrime Auto Finance News Staff
Last week, 700Credit announced an affiliation with OTTOMOTO, a platform designed to streamline every part of the retail finance process — from credit applications through funding. With this new relationship, OTTOMOTO has integrated 700Credit’s compliance and prequalification soft pull solutions ... [Read More]

Banks celebrate key court victory against CFPB

auction gavel and laptop
Monday, Sep. 11, 2023, 11:47 AM
SubPrime Auto Finance News Staff
College football teams weren’t the only ones claiming victories in Texas on Saturday. The American Bankers Association (ABA), the Consumer Bankers Association (CBA), the Texas Bankers Association, the U.S. Chamber of Commerce and several other co-plaintiffs cheered the decision by ... [Read More]

Capstreet-backed Informativ names Lang as COO

Friday, Sep. 8, 2023, 10:41 AM
SubPrime Auto Finance News Staff
This week, Informativ announced that Kimberly Lang has joined the company as chief operating officer. The provider of credit-focused lead generation, credit report and compliance solutions to automotive dealers, finance companies and other clients said Lang is assuming the position ... [Read More]

AutoPayPlus makes second executive move to reinforce finance leadership

Friday, Sep. 8, 2023, 10:38 AM
SubPrime Auto Finance News Staff
AutoPayPlus by US Equity Advantage made its second executive move in the past two months, announcing this week that David Lee has joined the company as director of finance and controller. In this role, AutoPayPlus said Lee will be responsible ... [Read More]
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