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Industry Elite honoree Mike Thomas of Resolvion on building his career — literally
Thursday, Mar. 26, 2026, 02:23 PM
Next up in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Thomas, who is chief executive officer of Resolvion. Thomas shares memories with Cherokee Media Group senior editor Nick Zulovich about working in construction and ... Listen Here
Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 05:01 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance ... Listen Here
Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial
Wednesday, Mar. 25, 2026, 04:43 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Kelly Wyatt, who is chief digital officer with GM Financial. Wyatt shares a conversation with Cherokee Media Group senior editor Nick Zulovich about being ... Listen Here

First Advantage CREDCO Shares Details of Recent Red Flags Seminar

Tuesday, Oct. 21, 2008, 12:00 AM
Nick Zulovich
POWAY, Calif. — As dealers continue to prepare for the upcoming Red Flags Rule compliance deadline, First Advantage CREDCO announced that its recent online compliance seminar drew more than 920 registered participants and 1,000 total attendees. "You and The Red Flags ... [Read More]

How Are Auto Lenders, Servicers Mitigating Losses?

Thursday, Oct. 16, 2008, 12:00 AM
Nick Zulovich
NEW YORK — The economic uncertainty and growing unemployment levels have led auto sellers and servicers to keep a close eye on increasing auto loan delinquencies and take proactive steps to mitigate losses, Fitch Ratings explained this week. To discover what ... [Read More]

Regions Halts Indirect Auto Loans

Thursday, Oct. 16, 2008, 12:00 AM
Nick Zulovich
BIRMINGHAM, Ala. — About 2,600 dealers were recently impacted when Regions announced late last week that it will no longer support indirect auto loans, a company spokesperson explained to SubPrime Auto Finance News. As of Thursday, Regions has halted acceptance of ... [Read More]

Prime Portfolio up for Sale Via GDNAuto

Thursday, Oct. 16, 2008, 12:00 AM
Nick Zulovich
ALAMO, Calif. — A California-based regional finance company with a portfolio of 1,058 seasoned prime auto loans valued at almost $26.9 million is hoping to sell its portfolio via Global Debt Network Automotive, the company announced. Although the seller has asked ... [Read More]

Former Credit Acceptance Exec Joins Guidepoint as Sales Director

Thursday, Oct. 16, 2008, 12:00 AM
Nick Zulovich
PONTIAC, Mich. — Guidepoint Systems, a supplier of GPS-based vehicle services, announced the addition of a sales director for its auto finance channel. Taking on the position is Werner Scherz. Officials indicated that Scherz's primary role will be to help expand awareness ... [Read More]

GMAC Places Tight Reins on Auto Loan Approvals

Tuesday, Oct. 14, 2008, 12:00 AM
Nick Zulovich
DETROIT — Late yesterday, GMAC Financial Services announced it has significantly tightened underwriting requirements for its auto loans on an indefinite basis. More specifically, the changes include limiting purchases to contracts with a credit score of 700 or above. Additionally, the ... [Read More]

AFSA: Most Auto Finance Companies Have Not Changed Lending Criteria

Tuesday, Oct. 14, 2008, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Chris Stinebert, president and chief executive officer for the American Financial Services Association, recently spoke out, responding to the current debate about whether it has become harder for dealers to finance customers. "AFSA wishes to dispel the rumor ... [Read More]

PIN Details Impact of Credit Crisis on Auto Financing Statistics

Tuesday, Oct. 14, 2008, 12:00 AM
Nick Zulovich
WESTLAKE VILLAGE, Calif. — Power Information Network recently identified some ways the national credit crisis is impacting the new-vehicle industry. For instance, the down payment on a non-luxury finance transaction has jumped almost $1,000 during the last week of September over ... [Read More]

Capital One to Cease Floor Planning in Two States

Tuesday, Oct. 14, 2008, 12:00 AM
Nick Zulovich
McLEAN, Va. — Capital One notified dealers in New York and New Jersey in August that it made a business decision to discontinue dealer floor plan financing, effective Nov. 15, 2008, a company spokesperson explained to SubPrime Auto Finance News this ... [Read More]

Universal Special Auto Finance Joins AFSA

Thursday, Oct. 9, 2008, 12:00 AM
Nick Zulovich
GREENWOOD VILLAGE, Colo. — The American Financial Services Association recently welcomed among its nationwide membership Universal Special Auto Finance and apparently wasted no time in tapping Universal's chief executive officer John Scordo to serve on its Vehicle Finance Advisory Board. "AFSA ... [Read More]

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