SubPrime Auto Finance News Staff

American Financial Services Association president and chief executive officer Chris Stinebert explained how AFSA organizes its annual Vehicle Finance Conference & Expo, which begins on Tuesday at the Bellagio in Las Vegas. “We plan this conference every year with input and feedback from our members,”... Read More

SubPrime Auto Finance News Staff

CarMax and Credit Acceptance each had an executive among the honorees who are women leaders from companies on the FORTUNE 100 Best Companies to Work For and Best Workplaces for Women. Coinciding with the 107th International Women’s Day, Great Place to Work announced that among the 77 recipients were Corey Haire,... Read More

SubPrime Auto Finance News Staff

The American Recovery Association (ARA) landed an enhanced relationship with a finance company on Friday. ARA announced a new partnership with Bridgecrest Acceptance, a licensed third-party servicer, servicing loans for DriveTime and other affiliated finance companies. As part of this agreement, ARA will assist... Read More

SubPrime Auto Finance News Staff

As the Consumer Financial Protection Bureau issued another issued a request for information (RFI) — this time about its adopted regulations and new rulemaking authorities — associations strongly endorsed legislation introduced in the House of Representatives this week that would establish a Senate-confirmed,... Read More

SubPrime Auto Finance News Staff

Auto finance fraud often happens during the origination process, so PointPredictive and defi SOLUTIONS are joining forces in an effort to curtail the growing trend that TransUnion recently reported as having surpassed $500 million last year alone. On Thursday, PointPredictative announced a new partnership with defi... Read More

SubPrime Auto Finance News Staff

This week, two providers of vehicle service contracts enhanced their relationships with finance companies that often cater to consumers who fall into the subprime credit space. First, GWC Warranty, a provider of vehicle service contracts sold through dealers, announced a strategic alliance with Nicholas Financial, a... Read More

SubPrime Auto Finance News Staff

RouteOne and MaximTrak are continuing to respond to consumer demand for streamlined, digital completion of vehicle delivery. On Wednesday, the companies announced they tried to enhance the consumer experience with the ability to include MaximTrak aftermarket documents in the RouteOne eContracting package for a single,... Read More

Payscout unveils new self-service payment portal

SubPrime Auto Finance News Staff

On Wednesday, Payscout — one of the fastest growing privately held global payments processing providers in the U.S. — announced the launch of Condor, a new payment portal that can facilitate frictionless payment processing transactions between a business and its debtors through a front end portal, increasing... Read More