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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

GWC Warranty chooses Wrench as vehicle repair partner

GWC warranty wrench for web
Monday, Nov. 29, 2021, 03:41 PM
SubPrime Auto Finance News Staff
GWC Warranty finalized a relationship on Monday that might make its F&I solutions for used vehicles more appealing for dealership customers, especially ones who prefer at-home or at-work vehicle repairs. GWC Warranty selected Wrench as a new preferred facility repair ... [Read More]

RateGenius: Average refinance rate drops to lowest point of 2021

approve
Monday, Nov. 29, 2021, 03:39 PM
SubPrime Auto Finance News Staff
While consumers with the poor credit profiles didn’t benefit quite as much, RateGenius highlighted through its latest Auto Refinance Rate Report that October contained the lowest average refinancing rate so far this year. [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

The ART of AI: A Dealership Guide to Deploying AI With Confidence

AI is rapidly reshaping dealership operations, yet most stores are still in early experimentation mode. According to the Cox Automotive...
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Turn Battery Risk Into Trust: Your Edge in the Used EV Market

Independent battery health certification is the new gold standard for used EV dealerships. The latest AVILOO detect Magazine reveals how...
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How GMs Start Their Day with Mastermind & Make More Deals

Successful General Managers know that how you start the day sets the tone for dealership performance. This checklist outlines the...
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Rising Repos, Shrinking Margins: A Guide to Reduce Collections and Servicing Costs with AI Agents

As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...
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Out-of-State Titling: 12 Steps Every Title Clerk Should Follow (The Easy Way)

Out-of-state titling isn’t easy. With every state having different DMV requirements, document packets, and deadlines, it’s easy for mistakes to...
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Free Guide: How Smart Dealers Can Profit from Customer Car Insurance

Turn Customer Auto Insurance into Dealership Profit If you're not profiting from auto insurance in your dealership, now’s the time...
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Go In-House With Your Photos

Your Photo Vendor Didn’t Show Up Again? Let’s Fix That. Stop relying on vendors and start owning your inventory. This...
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The Auto Dealer’s Complete Checklist for Evaluating AI

The Auto Dealer’s Complete Checklist for Evaluating AI highlights key questions dealership leaders should ask technology partners during the selection...
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KBRA and S&P Global Ratings review latest payment performances

KBRA october chart for web
Tuesday, Nov. 23, 2021, 04:08 PM
SubPrime Auto Finance News Staff
Kroll Bond Rating Agency (KBRA) and S&P Global Ratings each shared their latest observations of contract performance based on metrics collected through the auto ABS market. Analysts at both firms spotted similar patterns. Beginning with S&P Global Ratings, the firm ... [Read More]

IAA & Fastlane partner to streamline total loss claims settlements

cloud computing
Monday, Nov. 22, 2021, 04:37 PM
SubPrime Auto Finance News Staff
IAA and Fastlane now are working together to process financed vehicles that are damaged and declared total losses. The digital marketplace connecting vehicle buyers and sellers and process automation technology company are collaborating to leverage FastLane’s LossExpress solution, a secure ... [Read More]

MLA-driven interest rate cap proposal surfaces again on Capitol Hill

capitol hill
Monday, Nov. 22, 2021, 04:34 PM
SubPrime Auto Finance News Staff
What at least one industry expert cautioned about potentially happening — the proliferation of an Illinois regulation connected with the Military Lending Act (MLA) — is gaining federal momentum again on Capitol Hill. Last week, the American Financial Services Association ... [Read More]

COMMENTARY: How the pandemic altered the F&I product makeup for thousands of dealers

Travis_Wools for web
Friday, Nov. 12, 2021, 02:59 PM
Travis Wools, Protective Asset Protection
The industry has seen more than its fair share of changes since the beginning of 2020. With much of the country on lockdown early in the pandemic, dealers were forced to expedite their digital retailing operations, enabling consumers to not ... [Read More]

Mayer Brown again examines CFPB’s power to determine abusive acts & practices

compliance pic
Wednesday, Nov. 10, 2021, 04:44 PM
SubPrime Auto Finance News Staff
Mayer Brown partners Ori Lev, Brian Stief and Kerri Elizabeth Webb compiled a robust analysis of the Consumer Financial Protection Bureau’s authority to enforce a prohibition against abusive acts and practices in connection with the provision of consumer financial products ... [Read More]

RISC Pro Directory now available to connect repo agents & finance companies

risc logo for web
Tuesday, Nov. 9, 2021, 02:45 PM
SubPrime Auto Finance News Staff
With the potential for repossession volume to rise, Recovery Industry Services Co. (RISC) wants to provide finance companies with a path to agents who can complete the task within federal and state guidelines. On Tuesday, the firm launched the all-new ... [Read More]

CFPB fills 6 key roles with veteran regulators

CFPB building_2_0
Tuesday, Nov. 9, 2021, 02:44 PM
SubPrime Auto Finance News Staff
With director Rohit Chopra firmly in place, the Consumer Financial Protection Bureau also has filled several high-profile regulatory positions, including the agency’s assistant director for the office of supervision policy and assistant director for the office of enforcement. Those two ... [Read More]

Westlake Capital Finance lowering rates for qualified dealers

calculator plus money_1468060688
Monday, Nov. 8, 2021, 05:01 PM
SubPrime Auto Finance News Staff
Dealers who are itching to grow their business now might be able to secure more affordable resources from Westlake Capital Finance (WCF). The Westlake Technology Holdings subsidiary announced last week that qualified dealers can be approved for new commercial real ... [Read More]
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