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Dissecting evolving credit scores with Shams Blanc of FICO
Monday, Nov. 24, 2025, 03:34 PM
As much as auto-finance underwriting has become sophisticated, a potential starting point to determine if the applicant will be offered an installment contract is the credit score. Shams Blanc, who is vice president of auto scores at FICO, described the ... Listen Here
Used Car Week Hall of Famer Jerry Kroshus of Location Services
Wednesday, Nov. 12, 2025, 04:19 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media President Bill Zadeits talks with Kroshus about his career journey in ... Listen Here
Used Car Week Hall of Famer Kathy Ruble of Ally
Tuesday, Nov. 11, 2025, 07:52 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here

StoneEagle Q3 data shows steady times in dealer F&I departments

Tuesday, Dec. 2, 2025, 10:21 AM
SubPrime Auto Finance News Staff
StoneEagle on Tuesday highlighted how it was a steady quarter in dealership F&I departments amid some gross-profit turbulence seen in July, August and September. Third-quarter information included in the StoneEagleDATA F&I Benchmark Report showed stable F&I performance across key metrics. ... [Read More]

CFPB unveils ‘humility pledge’ for supervision division

CFPB seeking more data about repossessions & contract modifications
Monday, Dec. 1, 2025, 11:48 AM
SubPrime Auto Finance News Staff
Perhaps compliance departments at auto lenders and other companies involved in financial services had something extra to be thankful for last week. Just ahead of Thanksgiving, the Consumer Financial Protection Bureau made significant changes to how its supervision division conducts ... [Read More]

AutoPayPlus welcomes new agency development manager

new hire
Monday, Dec. 1, 2025, 11:47 AM
SubPrime Auto Finance News Staff
AutoPayPlus by US Equity Advantage continued its recent string of moves by announcing the appointment of Steven Weir as agency development manager. In this role, the automated financial concierge service said Weir will be responsible for building and supporting strong ... [Read More]

Weltman, Weinberg & Reis adds 5 attorneys to Chicago office, donates to Feeding America network

Another former Manheim Canada exec joins Otolane
Wednesday, Nov. 26, 2025, 01:48 PM
SubPrime Auto Finance News Staff
Along with making donations to local food banks and pantries in the Feeding America network, Weltman, Weinberg & Reis Co., added to its stable of legal professionals at its Chicago office. This month, the firm welcomed five new attorneys: Tresina ... [Read More]

Auto snippets from TransUnion’s October 2025 Credit Industry Snapshot

Wednesday, Nov. 26, 2025, 10:07 AM
SubPrime Auto Finance News Staff
Are auto-finance providers taking on more risk or are there simply more consumers who fall into the subprime credit tier? Here some more data to consider. As Cox Automotive’s information showed credit access improved a bit in October, TransUnion’s October ... [Read More]

October data from Cox Automotive & VantageScore shows expanded credit access but growing delinquency

Tuesday, Nov. 25, 2025, 10:21 AM
SubPrime Auto Finance News Staff
You can make your own judgements about the state of the credit market based on October data from Cox Automotive and VantageScore. In October, Cox Automotive reported, the Dealertrack Credit Availability Index resumed its upward trend of improved credit access ... [Read More]

InterVest to acquire Flagship Credit Acceptance with Landy set to be CEO

Monday, Nov. 24, 2025, 10:40 AM
SubPrime Auto Finance News Staff
The next chapter in Jim Landy’s career in auto finance will arrive through another acquisition involving a lender and an investment firm. Last week, Flagship Credit Acceptance announced that affiliates of InterVest Capital Partners, a New York-based specialty finance investment ... [Read More]

PAR hires Dave Baker as vice president

Friday, Nov. 14, 2025, 01:26 PM
SubPrime Auto Finance News Staff
OPENLANE subsidiary PAR has a new vice president — someone familiar to the repossession and recovery industries. Coming aboard with three decades of experience spanning corporate operations, law enforcement, and compliance management is Dave Baker, who will serve as the ... [Read More]

Equifax launches new anti-money laundering solutions to help banks, credit unions & financial services companies

Friday, Nov. 14, 2025, 10:16 AM
Nick Zulovich
Equifax doesn’t want financial services firms and related industries to land in trouble for not meeting anti-money laundering (AML) mandates. So on Friday, Equifax introduced new AML compliance solutions designed to ease the burden of regulatory compliance by flagging potential ... [Read More]

TransUnion trying to clean up credit washing with new fraud detection solution

Friday, Nov. 14, 2025, 10:16 AM
SubPrime Auto Finance News Staff
TransUnion is trying to help the financial services industry clean up the proliferation of credit washing that’s impacting auto finance and beyond. To combat credit washing — the practice of removing legitimate, accurate and non-obsolete credit data from credit profiles ... [Read More]
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