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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

Penske intern & Northwood senior receives annual AFIP scholarship

Friday, May. 20, 2022, 02:44 PM
Nick Zulovich
On Thursday, the Association of Finance & Insurance Professionals (AFIP) announced the recipient of the $2,000 Jakob Murray Lange Memorial scholarship, which honors AFIP staff member Jakob Murray Lange, who died in a car accident in 2013. Now in its ... [Read More]

Penske intern & Northwood senior receives annual AFIP scholarship

afip scholarship for web
Friday, May. 20, 2022, 02:44 PM
SubPrime Auto Finance News Staff
On Thursday, the Association of Finance & Insurance Professionals (AFIP) announced the recipient of the $2,000 Jakob Murray Lange Memorial scholarship, which honors AFIP staff member Jakob Murray Lange, who died in a car accident in 2013. Now in its ... [Read More]

PODCAST: AFSA’s Celia Winslow explains what constitutes CFPB’s ‘dormant authority’

podcast image
Friday, May. 20, 2022, 02:40 PM
SubPrime Auto Finance News Staff
American Financial Services Association senior vice president Celia Winslow made another visit for the Auto Remarketing Podcast. This time, the former Women in Auto Finance honoree explained what “dormant authority” is now being leveraged by the Consumer Financial Protection Bureau. ... [Read More]

Auto defaults at highest point since end of 2020

may 2022 default chart for web
Thursday, May. 19, 2022, 01:54 PM
SubPrime Auto Finance News Staff
It’s been a gradual climb, but the auto default rate for May ticked up to the highest point analysts have seen since the end of 2020. S&P Dow Jones Indices and Experian released data through April for the S&P/Experian Consumer ... [Read More]

New survey says half of Americans feel ‘trapped’ in their financial situation

self financial screenshot for web
Wednesday, May. 18, 2022, 03:20 PM
SubPrime Auto Finance News Staff
Perhaps the sentiments held by the contract holders in your finance company’s portfolio aren’t quite as sullen as some of the recent consumer studies that have surfaced in the past month. With debt-free aspirations sagging and a majority of individuals ... [Read More]

Lendisoft & Carleton integrate for accurate calculations, compliance tracking

compliance pic
Wednesday, May. 18, 2022, 03:17 PM
SubPrime Auto Finance News Staff
Lendisoft and Carleton finalized an integration on Tuesday. The California-based loan servicing software provider announced that it has integrated CarletonCalcs APIs within its Lendisoft servicing platform. According to a news release, Lendisoft is a preconfigured enterprise loan management system (LMS) ... [Read More]

PAR promotes Herdrich Irwin to COO

Jessie Herdrich Irwin at AIS 2019
Wednesday, May. 18, 2022, 02:59 PM
SubPrime Auto Finance News Staff
PAR North America, a business unit of KAR Global, announced the promotion of Jessie Herdrich Irwin to chief operating officer on Wednesday. In her expanded new role, Herdrich Irwin will oversee compliance, operations, remarketing and titles, while ensuring alignment with ... [Read More]

S&P Global Ratings spots positive movements for net losses, recoveries & delinquency

auto financing
Tuesday, May. 17, 2022, 01:24 PM
SubPrime Auto Finance News Staff
S&P Global Ratings highlighted positive trends for net losses, recoveries and delinquency in connection with the U.S. auto ABS sector’s performance for the first quarter According to the report shared with SubPrime Auto Finance News, subprime net losses decreased month-over-month ... [Read More]

Triton elevates Miller to be CEO

board-room
Monday, May. 16, 2022, 03:12 PM
SubPrime Auto Finance News Staff
The Triton Automotive Group board of directors promoted Brian Miller to be its new chief executive officer in a move that became effective May 1. According to a news release, Miller previously served as the company’s executive vice president of ... [Read More]

TransUnion: Originations soften as new average balances jump 15%

TransUnion charts for web
Thursday, May. 12, 2022, 03:09 PM
SubPrime Auto Finance News Staff
The automotive portion of TransUnion’s newly released Q1 2022 Quarterly Credit Industry Insights Report (CIIR) gave context from the financing side about how tight vehicle inventories are impacting the entire industry. TransUnion said on Thursday that origination volumes in Q4 ... [Read More]
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