SubPrime Auto Finance News Staff

Reinforcing why the company now has 15 years of honors from the Better Business Bureau (BBB), GWC Warranty detailed another way dealers can explain the benefits of vehicle service contracts (VSC) so their customers can leverage the full value. GWC Warranty — provider of used-vehicle service contracts sold through... Read More

SubPrime Auto Finance News Staff

APCO Holdings recently brought a top executive over from a competitor in the F&I space to be one of its crucial leaders. APCO Holdings, home of the EasyCare, GWC Warranty, Covideo and SAVY brands, has named David Vickers as the company’s new chief financial officer. Vickers brings 35 years of experience in the... Read More

SubPrime Auto Finance News Staff

Here’s a development aimed at providing some ancillary benefit to auto finance companies when the vehicle connected to the installment contract is stolen. This week, CalAmp announced plans to partner with TransUnion to help insurance carriers better manage risk, minimize replacement losses and improve customer... Read More

SubPrime Auto Finance News Staff

In another busy week of activities associated with the Consumer Financial Protection Bureau, the American Financial Services Association joined with the National Automobile Dealers Association and other sister trade associations in supporting S.J. Resolution 57 to disapprove the CFPB’s 2013 auto finance... Read More

SubPrime Auto Finance News Staff

U.S. consumers are going online in droves to acquire everything from nail polish to holiday knickknacks. Their propensity to do the same to secure auto financing isn’t quite at the same level, according to a global consumer survey on automotive finance experience released on Thursday by FICO. Silicon Valley... Read More

SubPrime Auto Finance News Staff

Earlier this month, Black Book and Fitch Ratings released their latest collaborate project analyzing vehicle depreciation trends, as well as how the auto ABS market might behave. Now, both of those companies are completely under the same corporate umbrella. Hearst announced on Thursday that it has purchased from... Read More

SubPrime Auto Finance News Staff

The combination of auto financing availability and credit unions and late-model used vehicles from one of the largest rental companies is continuing to generate record-setting originations. Strong credit union partnerships have long been a driving force behind the growth of Enterprise Car Sales, which opened five new... Read More

SubPrime Auto Finance News Staff

ACA International likely isn’t completely going back to the heyday of VCRs and fluorescent clothing, but the organization is welcoming back an executive who first worked with the group back in the 1980s. ACA International recently announced Ted Smith has returned to the organization, now as vice president of... Read More