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New York Fed puts 7M auto delinquencies in context

Wednesday, February 13, 2019 - 11:28am

SubPrime Auto Finance News Staff

A quartet of analysts took a deep look at the auto finance data after the Federal Reserve Bank of New York’s Center for Microeconomic Data released its Quarterly Report... Read More

Prospects for 2019 tax season: ‘I don’t think we really know’

Tuesday, February 12, 2019 - 10:26am

Nick Zulovich, Senior Editor

Whether it’s during company conference calls or coffee-shop chatter, many individuals with an interest in auto financing are keeping a close watch on this tax... Read More

ARA partners with Advantage GPS to help repo agents

Wednesday, February 13, 2019 - 11:30am

SubPrime Auto Finance News Staff

With the auto finance default rate in December rising above 1 percent and new data showing more than 7 million people with a contract 90 days or more delinquent, it might be... Read More

NABD Shares Industry Benchmarks

Wednesday, May 23, 2007 - 8:00pm

Wednesday, May 23, 2007 - 8:00pm

LAS VEGAS — At the National Alliance of Buy-Here, Pay-Here Dealers Conference in mid-May, Ken Shilson, founder of the group, presented new annual industry benchmarks. NABD worked with Subprime Analytics and NCM Associates to collect and compile the data. The 2006 statistics include operating information on... Read More

Ren'T'Own Program Adds Floor Planning

Wednesday, May 16, 2007 - 8:00pm

Wednesday, May 16, 2007 - 8:00pm

BURNSVILLE, Minn. — Ren'T'Own Auto Inc. and Dealer Services Corp. of Indiana recently announced a new partnership. Under this agreement, Indiana-based DSC will provide financing for Ren'T'Own inventory for approved auto dealers, according to officials. "In our 17 years of experience... Read More

AppOne Adds New Executives, Expands Footprint

Wednesday, May 16, 2007 - 8:00pm

Wednesday, May 16, 2007 - 8:00pm

BATON ROUGE, La. — AppOne announced it has added several new employees: Felix Carballo, Chris Kimmel, Keith Coulon, Alex Adarmes, Lauren Jarreau, Christopher Matt, Ken Bird, Troy Gleaves, Billy Good, Brandi Cline-Kelly, Lucy Guevara, Louise Montoya and Blanca Robles.  Carballo joins AppOne as director of... Read More

DealerTrack Partners with Manheim, Sundaram Discusses Market Trends

Wednesday, May 16, 2007 - 8:00pm

Wednesday, May 16, 2007 - 8:00pm

LAKE SUCCESS, N.Y. — DealerTrack recently announced its partnership with Manheim to work together on inventory management products. The two companies came to an alliance under which DealerTrack will provide its InventoryPro management solution to Manheim's POINT customers. Manheim officials said they will... Read More

AmeriCredit Sees Results from Bay View, Long Beach Acquisitions

Wednesday, May 16, 2007 - 8:00pm

Wednesday, May 16, 2007 - 8:00pm

FORT WORTH, Texas - AmeriCredit celebrated the one-year anniversary of its Bay View Acceptance Corp. acquisition during its third fiscal quarter. Despite the fact that company is still integrating Bay View and Long Beach, officials said they are starting to see the results these new platforms are having on credit... Read More

VantageILM Creates Platform to Simplify Lending Process

Wednesday, May 9, 2007 - 8:00pm

Wednesday, May 9, 2007 - 8:00pm

PASADENA, Calif. — VantageILM announced it has designed an integrated management platform to allow lenders to manage the entire life of a loan and all operations in one central system. Officials said the platform was created to handle all types of loans and leases, including auto, equipment, unsecured, mortgage... Read More

Finance Express, Subprime Analytics Announce Partnership, More

Wednesday, May 9, 2007 - 8:00pm

Wednesday, May 9, 2007 - 8:00pm

RANCHO SANTA MARGARITA, Calif. — Finance Express and Subprime Analytics announced that they have signed a joint venture agreement. Subprime Analytics is a company Ken Shilson, founder of the National Alliance of Buy-Here, Pay-Here Dealers, established to provide computerized portfolio analysis services.... Read More

Dealer Principal Shares His Store's Subprime Success Story

Wednesday, May 9, 2007 - 8:00pm

Wednesday, May 9, 2007 - 8:00pm

SUPERIOR, Wis. — With the right people, processes and lenders in place, Pat Ringold, dealer principal at Benna Superior Ford, said he believes any store can achieve success in the subprime marketplace. In fact, to support this view he cited results at his own store. Ringold said his dealership went from no... Read More

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