Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
Read More
Experts see Middle East conflict making current car & credit markets even more challenging
Tuesday, Mar. 24, 2026, 10:27 AM
With additional insight about affordability, FICO watches average credit scores tick lower again
Wednesday, Mar. 25, 2026, 11:27 AM
PODCAST: Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 01:05 PM
Industry Elite honoree Mike Thomas of Resolvion on building his career — literally
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
Thursday, Mar. 26, 2026, 02:23 PM
Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
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
Wednesday, Mar. 25, 2026, 05:01 PM
Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial
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
Wednesday, Mar. 25, 2026, 04:43 PM
Car Capital restarts originations in Midwest & Southeast with 3 new top executives
Friday, May. 12, 2023, 10:24 AM
SubPrime Auto Finance News Staff
Car Capital paused originations, reduced its workforce and shifted contract servicing to Westlake Financial last November because of “difficult capital market conditions.” On Thursday, Car Capital reemerged with a new leadership team set to do business now in the Midwest ... [Read More]
MBSi begins president transition process
Friday, May. 12, 2023, 10:23 AM
SubPrime Auto Finance News Staff
MBSi Corp. announced that a top leadership transition began this week. After more than eight years of leadership and growth at MBSi, the provider of repossession assignment software and vendor compliance solutions to the auto finance industry said president Cort ... [Read More]
Resource Hub
Best Practices, Ideas, and Tools for Business
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...
Read More
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...
Read More
Dealertrack Credit Availability Index drops to lowest point in 2 years
Thursday, May. 11, 2023, 11:15 AM
SubPrime Auto Finance News Staff
Three ingredients that analysts put in the headwind category had more impact than the trio of trends in the helpful category, resulting in access to auto finance credit tightening in April to the lowest point in more than two years. ... [Read More]
Solutions by Text announces 3 new hires & 1 executive promotion
Wednesday, May. 10, 2023, 11:57 AM
SubPrime Auto Finance News Staff
Last week, Solutions by Text enhanced its leadership team with three new senior level hires and a promotion. The compliance-first provider of enterprise text messaging and payments solutions focused on consumer financial services appointed Danielle Repetti as chief revenue officer, ... [Read More]
PODCAST: Repossessions now highlighted in academia
Wednesday, May. 10, 2023, 11:56 AM
SubPrime Auto Finance News Staff
What’s sometimes considered to be a dangerous task of repossessing vehicles now has been highlighted in what some might view as the high-brow world of academia. In this episode of the Auto Remarketing Podcast, International Recovery Systems resident Jeremy Cross ... [Read More]
McGlinchey Stafford adds to Calif.-based enterprise litigation & investigations group
Wednesday, May. 10, 2023, 11:51 AM
SubPrime Auto Finance News Staff
This week, McGlinchey Stafford reinforced its enterprise litigation and investigations group in the firm’s Irvine, Calif., office. Joining the firm as members are attorneys Kere Tickner and Michelle McCliman with the pair being supported by paralegal Kirsten Zell and legal ... [Read More]
Subprime softens even more in new-car world
Monday, May. 8, 2023, 04:59 PM
SubPrime Auto Finance News Staff
Dealerships and auto finance companies already were not completing many deliveries and installment contracts for new vehicles with consumers who fell into the subprime and deep subprime credit tiers. Now following the significant jump in interest rates, Cox Automotive pinpointed ... [Read More]
Sound Credit Union now leverages Open Lending to book nearly $3M in paper monthly
Monday, May. 8, 2023, 11:28 AM
SubPrime Auto Finance News Staff
Last week, Open Lending Corp. released the results of a case study that shows how Sound Credit Union grew its direct and indirect automotive finance volume and yield with Lenders Protection. Officials said Sound Credit Union implemented Lenders Protection in ... [Read More]
KBRA promotes 2 executives within structured finance business
Monday, May. 8, 2023, 11:27 AM
SubPrime Auto Finance News Staff
KBRA announced multiple personnel moves on Monday. The ratings agency and observer of the securitizations market for automotive and other industry segments said Rosemary Kelley has been named head of structured finance business development. In this newly created role, the ... [Read More]
FTC goes to Congress seeking additional $160M in annual funding
Thursday, May. 4, 2023, 04:01 PM
SubPrime Auto Finance News Staff
The Federal Trade Commission (FTC) wants a larger operating budget and more personnel, and chair Lina Khan made her case last week during a hearing hosted by the Subcommittee on Financial Services and General Government that’s part of U.S. House ... [Read More]
X