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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

Experts spot negative auto-finance readings not seen in 17 years

Tuesday, Nov. 21, 2023, 10:29 AM
SubPrime Auto Finance News Staff
For the first time in the history of Used Car Week, the workshops and panel discussions focused on repossessions were some of the highest-attended portions of the entire event, which unfolded earlier this month. In some instances, demand for repo ... [Read More]

CFPB hits Toyota Motor Credit with $60M penalty for refund & credit reporting misconduct

toyota store
Monday, Nov. 20, 2023, 11:13 AM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau (CFPB) made serious allegations against Toyota Motor Credit Corp., and ordered the captive on Monday to pay $60 million in consumer redress and penalties. The bureau said Toyota Motor Credit received these penalties for operating ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turn Service Visits Into Sales Growth: A GM’s Checklist

Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
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The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
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Tekion & Service Payment Plan partner to boost dealer success in F&I

Friday, Nov. 17, 2023, 10:38 AM
SubPrime Auto Finance News Staff
Tekion wants to make F&I easier for dealerships to complete while generating more potential profit. This week, the provider of a cloud-native platform serving the entire automotive ecosystem, announced a partnership with Service Payment Plan (SPP), a provider of 0% ... [Read More]

Allied Solutions’ latest partnership to help credit unions in capital markets

Friday, Nov. 17, 2023, 10:37 AM
SubPrime Auto Finance News Staff
This week, Allied Solutions further expanded its industry relationships and portfolio of growth-focused solutions for credit unions. The latest partnership is with Rhyze Solutions, a newly formed credit union service organization (CUSO) to support lending and capital market operations. Allied ... [Read More]

COMMENTARY: 34% of dealers still lost concerning certain key components of Safeguards Rule compliance

BHPH evolution: Key to success in a recovering auto industry
Wednesday, Nov. 15, 2023, 03:58 PM
Ken Hill, 700Credit
Over the last few years there has been plenty of chatter about the new Safeguards Rule that went into effect earlier this year. As has been widely reported, the law requires auto dealerships to obtain clear and informed consent from ... [Read More]

10 operators to serve on new NextGear Dealer Advisory Board

NETSOL Technologies picks first chief marketing officer
Wednesday, Nov. 15, 2023, 11:06 AM
SubPrime Auto Finance News Staff
NextGear Capital wants to make sure the dealer voice is heard when it comes to floor-planning and other company activities. Last week, building on the success of its inaugural DRIVE Dealer Advisory Board (DRIVE) launched in 2021, NextGear announced members ... [Read More]

KPA and Reynolds forge partnership to boost F&I compliance

compliance
Wednesday, Nov. 15, 2023, 11:05 AM
SubPrime Auto Finance News Staff
KPA and Reynolds and Reynolds now are working together to help dealerships comply with state and federal financing requirements. On Wednesday, the companies announced a strategic partnership to provide dealerships greater access to Reynolds’ LAW F&I Libraries across all 50 ... [Read More]

Credit access improves again, but approvals drop near lowest point in 3 years

Tuesday, Nov. 14, 2023, 11:11 AM
SubPrime Auto Finance News Staff
As its experts shared updated trends associated with new-vehicle prices, Cox Automotive also posted its Dealertrack Auto Credit Availability Index for October. Perhaps helping if a non-prime consumer aspires to secure a new vehicle, analysts discovered access to auto credit ... [Read More]

TransUnion spots continued softening of subprime originations as delinquencies jump

Monday, Nov. 13, 2023, 11:54 AM
SubPrime Auto Finance News Staff
The subprime space is continuing to lose momentum as 2023 reaches the short rows of potential originations for dealerships and finance companies. What is gaining steam, however, are delinquencies. For the second consecutive quarter, originations softened across most risk tiers, ... [Read More]

Resolvion partners with AKUVO to boost repossession efficiency

LCT teams with AKUVO to streamline loan refunds
Monday, Nov. 6, 2023, 12:00 PM
SubPrime Auto Finance News Staff
Resolvion, a provider of national repossession management, skip-tracing, remarketing, license plate recognition, and heavy equipment and specialty recovery, announced on Monday a partnership with AKUVO. As an integrated repossession service provider, the partnership will provide Resolvion the opportunity to serve ... [Read More]

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