Portfolio found a way to get its collective minds off of the frigid conditions currently in the Lone Star State at least for a little while this week. The provider of F&I products and reinsurance programs announced it was again ... [Read More]

US Equity Advantage (USEA) approaches its business activities with the strategy that a well-done onboarding program enhances work performance, boosts job satisfaction, fosters company loyalty and lowers employee turnover rates. Based on that premise, the biweekly installment contract payment service ... [Read More]

TransUnion discovered that finance companies originated paper at an overall pace during the third quarter of last year resembling what analysts spotted during Q3 of 2019. When looking closer at the subprime market, however, TransUnion found originations are lagging. Analysts ... [Read More]

Nicholas Financial president and chief executive officer Doug Marohn is back on the podcast for a discussion about the pandemic, fraud and the vitality of the subprime auto finance market. To listen to this episode, click on the link available below, ... [Read More]

S&P Global Ratings is observing what it dubbed “generally better-than-expected loss results,” according to its latest report on the auto loan ABS market. And analysts gave an upbeat forecast for the trends to continue this year as unemployment levels tick ... [Read More]

An executive who spent nearly 20 years with a luxury OEM’s captive finance company now is part of the leadership team at Prestige Financial Services. On Friday, the affiliate of The Larry H. Miller Group of Companies named Bradley Bitner ... [Read More]

SAFCO added an executive whose experience includes time with one of the subprime auto finance company’s competitors as well as posts with a large bank and an automaker's captive. Entrepreneur and fintech veteran Kenneth Gang recently joined SAFCO as its ... [Read More]

A legal expert who has appeared multiple times at Used Car Week and other industry events now is the newest partner at Venable. The law firm with locations in six states and the nation’s capital announced this week that Allen ... [Read More]

Fueled by 14.7% growth year-over-year, Westlake Technology Holdings reported this week that the finance company with a diversified portfolio beyond just subprime paper ended 2020 with $12.14 billion in total managed assets. Westlake highlighted nine other major achievements generated by ... [Read More]

Industry associations are looking to bring some semblance of normalcy this year. Within days of the American Recovery Association rescheduling its two largest events to October with the intention of them being in person, the National Automotive Finance Association set ... [Read More]