Friday, November 8, 2019 - 11:23am

Nick Zulovich, Senior Editor

The newest accolade to be handed out during Used Car Week is going to an operation that’s been a publicly traded company for 25 years. But one of the reasons Copart has been successful for that span is being able to develop technologies that serve all segments of its customer base. For that reason, Copart was... Read More

Thursday, November 7, 2019 - 10:53am

SubPrime Auto Finance News Staff

Two operations that finance companies likely know and perhaps use their services — Dealertrack and IAA — now are working closely together. On Thursday, Dealertrack announced a new integration with IAA. The companies said bringing together two technology solutions — IAA Loan Payoff and Dealertrack... Read More

Wednesday, November 6, 2019 - 12:51pm

SubPrime Auto Finance News Staff

  Perhaps this Experian data can be a guide for finance company collection departments and recovery operations as to the locations where more resources might be needed and locales where resources could be scaled back. Experian recently identified the top 25 cities with the highest and lowest ratios of delinquent... Read More

Wednesday, November 6, 2019 - 10:08am

SubPrime Auto Finance News Staff

Strategic sessions and honoring its best performers highlighted the latest event hosted by EFG Companies. The company recently held its annual Agent Council when agents from across the U.S. gather to discuss industry trends, current business challenges, best practices and new product innovation. Going into 2020, the... Read More

Wednesday, November 6, 2019 - 10:01am

SubPrime Auto Finance News Staff

The Federal Trade Commission recently announced a pair of development; the first in connection with one of its latest rules and the other with the fourth installment of an ongoing study. Starting Oct. 31, many members of the military now have access to free electronic credit monitoring. In response to a new FTC Rule... Read More

Tuesday, November 5, 2019 - 10:31am

SubPrime Auto Finance News Staff

A founding member of the Automotive Intelligence Council is making a segment of its business available 24 hours a day, seven days a week. On Monday, MBSi Corp., announced the broadening of its technical customer support hours to help clients that use its repossession assignment management software and vendor... Read More

Monday, November 4, 2019 - 11:47am

SubPrime Auto Finance News Staff

Both Toyota Financial Services and Wells Fargo put initiatives in place to help their customers affected by the recent series of wildfires throughout California, as well as the tornadoes that struck northern Texas last month. The Toyota captive announced in a news release that it is offering payment relief options... Read More

Monday, November 4, 2019 - 11:44am

SubPrime Auto Finance News Staff

  Fueled in part by blossoming relationships with industry players such as CarGurus, Westlake Technology Holdings recently announced that it reached $10 billion in assets under management milestone ahead of its targeted goal of hitting the milestone in 2022. Westlake responded by setting a new goal of $20 billion in... Read More