Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

Credit Acceptance taps Real-Time Payments from Citizens to speed dealer funding

Lendbuzz gains $100M warehouse facility through MUFG
SubPrime Auto Finance News Staff
Credit Acceptance wants to make doing business with its dealership network smoother, so the finance company that specializes in subprime recently began to use Real-Time Payments from Citizens. Now, Credit Acceptance dealership customers can receive funds faster on deals they ... [Read More]

Edmunds: 2 used-car financing records set in Q4

red arrow graphic
SubPrime Auto Finance News Staff
Used-vehicle financing set a pair of records during the fourth quarter, according to data compiled and shared by Edmunds. Edmunds reported on Wednesday that down payments in Q4 jumped $201 year-over-year to $4,122. The figure got to that record by ... [Read More]

TurboPass honors 7 dealers

award winner
SubPrime Auto Finance News Staff
During the holiday season, TurboPass gave gifts to seven dealerships that use its verification solutions designed to reduce fraud and improve customer service. Winners of the TurboPass 2023 Dealer of the Year Awards include: National Dealer of the Year: Toyota ... [Read More]

3 associations roll out VPP compliance initiative

SubPrime Auto Finance News Staff
Three national trade groups want the industry to start the new year on the right compliance path. In late December, the Guaranteed Asset Protection Alliance (GAPA), Motor Vehicle Protection Products Association (MVPPA) and Service Contract Industry Council (SCIC) launched an ... [Read More]

Resolvion & RDN integrate to smooth database processes for agents

integration button_4
SubPrime Auto Finance News Staff
Resolvion made another technology-driven move on Tuesday aimed at making repossession complexities smoother for both its employees and its network of agents. The provider of national repossession management, skip-tracing, remarketing, license plate recognition, heavy equipment and specialty recovery announced today ... [Read More]

Exeter partners with Pagaya to leverage AI tools

artificial intelligence
SubPrime Auto Finance News Staff
Exeter Finance now is leveraging artificial intelligence from Pagaya Technologies to boost underwriting, funding and working relationships with more than 13,000 dealerships in its financing network that often book non-prime paper. By integrating Pagaya’s AI-driven auto product, which includes access ... [Read More]

ARA president calls for significant safety precautions after 2 agents shot and killed on consecutive days

Nick Zulovich, Senior Editor
It’s literally been a deadly week in the repossession world. American Recovery Association president Vaughn Clemmons recapped in an industry message on Friday that repossession agents were shot and killed in separate incidents in Alabama and California. Clemmons indicated the ... [Read More]

After Fed keeps rates steady, business optimism improves while consumers still feel ‘the pinch’

Nick Zulovich, Senior Editor
With one automotive economist acknowledging consumers are still feeling “the pinch,” some of the largest businesses in the U.S. now have some optimistic expectations for 2024 fueled in part because interest rates might finally have peaked. The Federal Reserve kept ... [Read More]

USED CAR WEEK 2023 PODCAST: Women in Collections and Recoveries panel

SubPrime Auto Finance News Staff
We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features some of this year’s honorees among Women in Collections and Recoveries for a conversation led by ... [Read More]

Gestalt Tech continues to build automotive relationships with defi SOLUTIONS

LCT teams with AKUVO to streamline loan refunds
SubPrime Auto Finance News Staff
When the current leaders of defi SOLUTIONS decided to add Gestalt Tech to its family of data and service providers, they likely had a pretty good idea of the provider’s capabilities. After all, Gestalt’s chief executive officer is Stephanie Hanson, ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X