Survey: 27% of consumers do not review their credit report annually
Wednesday, Oct. 2, 2024, 10:57 AM
Edmunds: Average amount financed for used cars drops in Q3
Tuesday, Oct. 1, 2024, 10:00 AM
FTC reiterates use of ‘plain language’ associated with regulatory activities
Monday, Sep. 30, 2024, 11:35 AM
6 executive moves made by Location Services
Thursday, Oct. 24, 2019, 02:19 PM
SubPrime Auto Finance News Staff
Location Services announced six executive-level personnel moves on Wednesday, welcoming four new members to its management team and elevating two other individuals into higher leadership posts. The provider loss-mitigation outsource solutions for the financial services industry began its rundown of ... [Read More]
Hudson Cook set to launch another webinar series
Wednesday, Oct. 23, 2019, 03:50 PM
SubPrime Auto Finance News Staff
Hudson Cook is preparing to offer the industry another way to stay up to date on the Consumer Financial Protection Bureau’s activities. Hudson Cook partners Eric Johnson and Justin Hosie will be hosts for a new monthly webinar series titled, ... [Read More]
Delay of CECL accounting standard moves forward as ongoing concerns remain
Wednesday, Oct. 23, 2019, 03:47 PM
Nick Zulovich, Senior Editor
Last week, the Financial Accounting Standards Board (FASB) unanimously voted to delay implementation of the Current Expected Credit Loss (CECL) accounting standard, but segments of the industry still remained concerned about the regulatory matter. To recap, FASB is looking to ensure ... [Read More]
EFG names new CFO as well as VP, treasurer and controller
Tuesday, Oct. 22, 2019, 03:40 PM
SubPrime Auto Finance News Staff
EFG Companies hired two financial professionals on Tuesday for leading executive roles; individuals who possess a combined 50 years of professional experience. The provider of innovative F&I solutions for automotive dealers, finance companies and agents named Neha Parikh as chief ... [Read More]
Trust Science launches annual survey to discover underwriting pain points
Monday, Oct. 21, 2019, 03:05 PM
SubPrime Auto Finance News Staff
Trust Science wants more details about the key pain points facing credit underwriters nowadays, so the provider of credit-scoring solutions powered by artificial intelligence recently launched its annual survey. Along with the chance to win a $750 gift certificate for ... [Read More]
3 F&I industry groups praise regulatory actions in 4 states
Monday, Oct. 21, 2019, 03:02 PM
SubPrime Auto Finance News Staff
Dealers and finance companies are getting regulatory assistance in four more states in an effort to help buyers and contract holders protect their purchases via products available in F&I offices. A trio of industry groups recently praised state legislatures across ... [Read More]
KPA named among Top 20 health and safety training companies
Friday, Oct. 18, 2019, 02:53 PM
SubPrime Auto Finance News Staff
KPA collected another industry accolade this week. The provider of environmental health and safety (EHS), HR management and F&I compliance software and services, has been honored as a 2019 Top 20 Health and Safety Training Company, by Training Industry, a ... [Read More]
Wolters Kluwer receives 2 Golden Bridge Awards
Friday, Oct. 18, 2019, 02:52 PM
SubPrime Auto Finance News Staff
Wolters Kluwer is quickly approaching a dozen awards collected so far this year for its solutions to help finance companies. According to an announcement distributed this week, Wolters Kluwer’s Lien Solutions has earned two 2019 Golden Bridge Awards for superior ... [Read More]
September auto defaults rise to highest point so far in 2019
Thursday, Oct. 17, 2019, 01:39 PM
SubPrime Auto Finance News Staff
While still following cyclical patterns, auto-finance defaults in September climbed to the highest point so far this year, tying for the third-highest reading since 2014. According to data through September compiled by S&P Dow Jones Indices and Experian, the auto ... [Read More]
autopom F&I products now include breakdown coverage
Wednesday, Oct. 16, 2019, 04:03 PM
SubPrime Auto Finance News Staff
Dealership F&I staff who showcase products from autopom now can use a sales strategy that includes a hypothetical about being covered when the vehicle experiences problems at an inopportune time. The California-based company now offers vehicle protection plans that include ... [Read More]