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How agentic AI is impacting collections
Thursday, Feb. 5, 2026, 02:21 PM
Agentic AI is among the slew of topics being bandied about this week at NADA Show 2026 in Las Vegas. The subject also was discussed during Used Car Week 2025 in the same city. Used Car Week Hall of Famer ... Listen Here
The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
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More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here

Fed Reports Latest Auto Finance Statistics

Thursday, Feb. 12, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The average interest rate on a new-car loan at auto finance companies appears to be climbing, while maturity length is declining, according to the latest preliminary data from the Federal Reserve. More specifically, the Fed found that the ... [Read More]

Fitch: ’08 Subprime Auto ABS Issuance Crashed; Floor Plan ABS Shut Out of Market

Tuesday, Feb. 10, 2009, 12:00 AM
Nick Zulovich
NEW YORK — In its latest report, in addition to looking at the significant performance decline in the overall auto asset-backed securities market, Fitch Ratings said that auto-related ABS, including auto loans, lease/rental, floor plan, motorcycle and truck loans, showed a ... [Read More]

Comerica: Auto Affordability Erodes

Tuesday, Feb. 10, 2009, 12:00 AM
Nick Zulovich
DALLAS — The purchase of an average-priced new vehicle took even more weeks of income in the fourth quarter of 2008. In response, consumers are adjusting the types of vehicles they are looking for. More specifically, Comerica Bank's Auto Affordability index ... [Read More]

Exeter Finance Corp. Expands Use of Credit Processing Solution

Tuesday, Feb. 10, 2009, 12:00 AM
Nick Zulovich
COLUMBIA, Md. — Credit Management Solutions, a leading provider of credit automation systems for all types of consumer lending, announced this week that Exeter Finance Corp. has expanded its use of the CMSI's Origenate credit processing system to support the growth ... [Read More]

Ohio Launches Auto Financing Program for Low-Income Individuals

Tuesday, Feb. 10, 2009, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — The Ohio Department of Development's Office of Community Services, along with the statewide organization Finance Fund, have introduced the "Cars for Jobs and Diplomas" program. This new initiative is an effort to provide affordable used-car financing and ... [Read More]

Former Head of Summit Acceptance Re-Enters Marketplace with New Subprime Lender

Thursday, Feb. 5, 2009, 12:00 AM
Nick Zulovich
CORNELIUS, N.C. — In an exclusive interview with SubPrime Auto Finance News, the former head of Summit Acceptance, which was ultimately sold to Capital One Auto Finance, announced he is re-entering the subprime business as the chief executive officer of a ... [Read More]

AppOne Launches New Platform for BHPH Dealers

Thursday, Feb. 5, 2009, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — AppOne, a part of Wolters Kluwer Financial Services, announced yesterday that it has launched a new platform for buy-here, pay-here dealerships in conjunction with Global Debt Network's GDNAuto, which is an online marketplace where auto dealers, financial ... [Read More]

CBA Seeks New President

Thursday, Feb. 5, 2009, 12:00 AM
Nick Zulovich
ARLINGTON, Va. — In a statement released this morning, the Consumer Bankers Association announced that it is seeking a new president. Why? According to the group: "On Jan. 7 the Consumer Bankers Association lost its leader of more that 21 years. ... [Read More]

MarkOne Names General Manager

Thursday, Feb. 5, 2009, 12:00 AM
Nick Zulovich
JACKSONVILLE, Fla. — MarkOne Financial's Board of Directors recently named a new general manager. Taking on the position is Joe Giliberto. Bruce Newmark, MarkOne's managing director, said, "Joe's deep and relevant experience, enthusiasm and leadership will make significant contributions to growth ... [Read More]

Bankruptcies Continue to Mount

Tuesday, Feb. 3, 2009, 12:00 AM
Nick Zulovich
Alexandria, Va. — U.S. consumer bankruptcy filings increased again by double-digits in January over the same month in 2008. More specifically, filings jumped by 34.4 percent nationwide in January from the same period a year ago, according to the American Bankruptcy ... [Read More]

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