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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

Fed reiterates push to keep credit flowing during pandemic

Jerome Powell in Dec 2020
Thursday, Dec. 17, 2020, 03:56 PM
Nick Zulovich, Senior Editor
Finance companies likely remember what happened during the Great Recession 12 years ago when the credit market seized up as bad a car engine without oil. The Federal Reserve reiterated the significant steps it’s taking to ensure finance companies have ... [Read More]

Kennedy, McCook & Altes on deck for upcoming ARA webinar

strategy picture
Tuesday, Dec. 15, 2020, 09:31 PM
SubPrime Auto Finance News Staff
Leaders of the American Recovery Association are looking to provide members with another vital information update before the year closes. ARA’s Dave Kennedy, Les McCook and Patrick Altes will be hosting an open industry webinar on Thursday to give their ... [Read More]

PODCAST: COVID-19 impact on F&I presentations

podcast image
Tuesday, Dec. 15, 2020, 09:24 PM
SubPrime Auto Finance News Staff
AUL Corp. senior vice president of agency and dealer sales Paul McCarthy makes his debut on the podcast to describe how dealerships have pivoted their F&I marketing and presentations in light of the pandemic’s impact on vehicle sales. McCarthy also ... [Read More]

Auto-default rise reaches 5 consecutive months

news pic
Tuesday, Dec. 15, 2020, 04:47 PM
SubPrime Auto Finance News Staff
Auto defaults are moving counter to other credit segments. Auto defaults rose for the fifth consecutive month in November, according to the S&P/Experian Consumer Credit Default Indices, but they are still below the reading that analysts pinpointed before the pandemic ... [Read More]

Kraninger lists more than 70 CFPB accomplishments during second year as director

another kraninger picture_1
Monday, Dec. 14, 2020, 04:44 PM
SubPrime Auto Finance News Staff
Last Friday, Kathleen Kraninger celebrated her second-year anniversary as director of the Consumer Financial Protection Bureau by highlighting more than 70 accomplishments by the regulator during the past 12 months. “In these challenging times, I’m proud of the work that ... [Read More]

Cox Automotive unveils Dealertrack Credit Availability Index

dealertrack chart for web
Monday, Dec. 14, 2020, 04:42 PM
SubPrime Auto Finance News Staff
Cox Automotive recently launched a new industry measurement called the Dealertrack Credit Availability Index that’s geared to track how the auto-finance market is trending. For the first installment, analysts discovered credit availability continued to improve in November for all types ... [Read More]

Wolters Kluwer to acquire eOriginal in all-cash deal

merger and acquisition pic on table
Friday, Dec. 11, 2020, 03:17 PM
SubPrime Auto Finance News Staff
The rush of mergers and acquisitions to close 2020 continued on Thursday with a development involving Wolters Kluwer and eOriginal. According to a news release, Wolters Kluwer Governance, Risk & Compliance (GRC) has signed an agreement to acquire eOriginal, a ... [Read More]

TransUnion releases 2021 auto-finance forecast

Satyan from TU for web
Thursday, Dec. 10, 2020, 04:42 PM
SubPrime Auto Finance News Staff
TransUnion sees auto-finance companies having less appetite for risk in the coming year. The auto component of TransUnion 2021 consumer credit forecast released on Thursday projected that origination activity in the first and second quarters of next year is expected ... [Read More]

TCN donates to Utah Food Bank on behalf of clients

Charity shutterstock_88662181
Wednesday, Dec. 9, 2020, 04:15 PM
SubPrime Auto Finance News Staff
This week, TCN made what it called a “substantial donation” to the Utah Food Bank on behalf of their clients that use its cloud-based call center technology for contact centers and collection agencies. Since COVID-19 has had a significant impact, ... [Read More]

OADA endorses Dealertrack as title solutions provider

dealertrack OADA for web
Wednesday, Dec. 9, 2020, 04:09 PM
SubPrime Auto Finance News Staff
The Ohio Automobile Dealers Association looked to modernize how title work can be completed to help its members navigate market challenges and customer expectations. And OADA turned to Dealertrack for a solution. This week, OADA gave an exclusive endorsement to ... [Read More]
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