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Industry Elite: Tony Rimas of XPEL
Tuesday, Mar. 31, 2026, 07:40 PM
Concluding our inaugural Industry Elite: The C-Suite honoree series is a conversation with Tony Rimas, who is vice president of global revenue at XPEL Inc. Rimas — an avid biker who swam and ran track & field and cross country ... Listen Here
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

Exeter Finance partners with F&I Sentinel to implement compliance solution

compliance
Monday, Apr. 24, 2023, 11:04 AM
SubPrime Auto Finance News Staff
Last week F&I Sentinel announced that it has entered into an agreement with Exeter Finance. According to a news release, the agreement provides Exeter Finance with F&I Sentinel’s comprehensive end-to-end F&I product platform to ensure that F&I products financed by ... [Read More]

KBRA offers update on securitization performance & US Auto Sales status

Monday, Apr. 24, 2023, 11:01 AM
SubPrime Auto Finance News Staff
Along with giving an update on its views of securitizations by U.S. Auto Sales, which is going through some operational turmoil, KBRA highlighted March remittance reports showed further seasonal improvement in credit performance across prime and non-prime pools during the ... [Read More]

Crédito Real USA Finance gains new Mexican ownership

merger and acqusition red greeen and white_13_0 (1)
Friday, Apr. 21, 2023, 10:29 AM
SubPrime Auto Finance News Staff
Crédito Real USA Finance (CRUSAFin) — whose roots stem from AFS Acceptance that began originating subprime auto financing with independent dealerships more than 15 years ago — gained new ownership this week. Bepensa Capital announced through a news release that ... [Read More]

Advanced Dealer Solutions taps Osborne as GM

new hire 2
Friday, Apr. 21, 2023, 10:29 AM
SubPrime Auto Finance News Staff
This week, Advanced Dealer Solutions welcomed Bruce Osborne as general manager, bringing three decades of experience serving the F&I industry in a variety of roles since making his start in automotive retail. The full-service, dealer development agency focused on automotive, ... [Read More]

FTC extends public comment period involving proposed rule over noncompete clauses

FTC seeks additional annual funding for employees & IT resources
Monday, Apr. 17, 2023, 11:44 AM
SubPrime Auto Finance News Staff
Perhaps in part because of concerns raised by the National Independent Automobile Dealers Association, U.S. Chamber of Commerce and dozens of other associations, the Federal Trade Commission is allowing for more time to receive information regarding its proposed rule to ... [Read More]

23 awards given during ARA Convention & NARS 2023

Thursday, Apr. 13, 2023, 04:30 PM
SubPrime Auto Finance News Staff
Last week’s repossession industry events hosted by the American Recovery Association included the awarding of 23 honors by the organization as well as DRN. First during ARA’s 59th annual convention, the association gave the following honors: Key Award Marcus Potter ... [Read More]

While auto credit loosened in March, deeper details tell different stories

Thursday, Apr. 13, 2023, 10:56 AM
SubPrime Auto Finance News Staff
Along with examining the employment scene, Cox Automotive tried to decipher how easily dealerships could get contracts bought in March by their networks of finance companies. According to the Dealertrack Credit Availability Index, access to auto credit loosened slightly in ... [Read More]

Allied Solutions forges partnership with MANTL

partnership picture
Wednesday, Apr. 12, 2023, 12:00 PM
Nick Zulovich
Allied Solutions added to its portfolio of industry partnerships last week. The providers of insurance, financing, risk management and data-enabled products announced a new relationship with MANTL, a leading provider of account origination solutions for banks and credit unions. Allied ... [Read More]

Equifax, Experian & TransUnion remove medical collections debt under $500 on credit reports

credit report image
Tuesday, Apr. 11, 2023, 10:22 AM
SubPrime Auto Finance News Staff
In a move that could influence auto finance underwriting, Equifax, Experian and TransUnion jointly announced on Tuesday that medical collection debt with an initial reported balance of less than $500 has been removed from U.S. consumer credit reports. With this ... [Read More]

F&I survey shows majority of managers earn total income of at least $250K

Tuesday, Apr. 4, 2023, 04:39 PM
SubPrime Auto Finance News Staff
Want to make major money at a dealership? Be a successful F&I director. According to the 2023 survey of F&I managers and directors orchestrated by Finance Manager Training, 35% of professionals who participated earned total income of $250,000 or more. ... [Read More]

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