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This Month's Focus

Turbocharged Finance
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DigniFi names chief product officer
DigniFi announced the appointment of Jefim Piekarz as chief product officer on Tuesday. The fintech company specializing in access to automobile, powersports and RV repair financing said Piekarz will lead DigniFi’s product and engineering teams, advancing product strategy, technology development, ... Read More
Maritczak brings experience from EY & Ally to PCMI
PCMI continued to revamp its executive team on Tuesday. The provider of lender compliance technology and F&I administration software added Alex Maritczak as senior director of business development, bringing more than 30 years of automotive finance and financial services experience ... Read More
Latest two moves by US Bank have dealers & OEMs in mind
U.S. Bank made a pair of moves last week geared to boost its position in automotive with dealerships and OEMs. First, U.S. Bank said it is launching redesigned BMW, MINI and BMW Motorrad Mastercard credit card products that offer cardholders ... Read More
SPONSORED EPISODE: What independent dealers need to be successful with Chris Vangellow of Frazer
In this special sponsored episode of the Auto Remarketing Podcast, Chris Vangellow, who is the Director of Product Management at Frazer, described what’s changed most about running an independent dealership over the past few years, especially from a technology perspective. ... Listen Here
Used Car Week Hall of Fame: Grace Huang of Cox Automotive
We begin our series featuring the 2026 Used Car Week Hall of Fame honorees with Grace Huang, president of Cox Automotive Inventory Solutions, who joins Cherokee Media Group’s Joe Overby for a conversation about her career journey, the value of ... Listen Here
Ben Sporn of VIP Automotive Group Takes DIY Approach to AI
Ben Sporn is the chief marketing officer of VIP Automotive Group on Long Island, N.Y. , where he runs operations and artificial intelligence projects at his family’s 10-store dealer group. He also has a tech background, having worked for Google ... Listen Here

TransUnion pinpoints how high credit scores could jump if rent payments are integrated

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SubPrime Auto Finance News Staff
TransUnion sees consumers who rent where they live as constituting as much as half of the individuals who possess non-prime or lower credit profiles; if they even have a credit score at all. Credit bureau analysts see that if rent ... [Read More]

House members consider new resources to help FTC

FTC building
SubPrime Auto Finance News Staff
The Subcommittee on Consumer Protection and Commerce of the U.S. House Committee on Energy and Commerce recently conducted a hearing on how best to modernize the Federal Trade Commission. With all five current commissioners participating, the subcommittee deliberated 16 proposals ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

AI & Auto Finance: An Expert Guide to Using This Technology

This 26-page ebook from Cherokee Media Group, sponsored by dotData, brings together insights from nine experts on how artificial intelligence...
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Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
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Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
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Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
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Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
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The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
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Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
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US adds 943K jobs in July, triggering ‘large’ drop in unemployment rate

growth chart with man
SubPrime Auto Finance News Staff
No doubt a key component to having a healthy auto-finance portfolio is the contract holders being gainfully employed. The U.S. Bureau of Labor Statistics shared some positive news on that front on Friday. The Labor Department reported that nonfarm payroll ... [Read More]

Nicholas Financial watches momentum build in Q1 of 2022 fiscal year

money-key
SubPrime Auto Finance News Staff
While the pandemic has hindered face-to-face contact in many ways, Nicholas Financial reiterated that its branch-model system and how the subprime finance company interacts with dealers and consumers again helped its quarterly performance. Nicholas reported figures from the first quarter ... [Read More]

CFPB pushes forward with November effective date for debt collection rules

collections
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau (CFPB) decided debt collection firms are ready to abide by new rules. Last week, the bureau announced that two final rules issued under the Fair Debt Collection Practices Act (FDCPA) will take effect as planned ... [Read More]

PODCAST: Cindy Allen of StoneEagle F&I on dealers’ journey to improved profits

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SubPrime Auto Finance News Staff
StoneEagle F&I chief executive officer Cindy Allen made her first appearance on the Auto Remarketing Podcast to recap the journey dealerships have made through the pandemic to generate notable profits via their finance offices. Allen also touched on how dealers ... [Read More]

Credit Acceptance keeping underwriting strategy intact despite softer Q2 originations

car and coins
Nick Zulovich, Senior Editor
Even though Credit Acceptance watched its second-quarter origination volume drop by 28.7%, leadership of the subprime auto finance company is committed to maintaining its underwriting strategy, which played a role in it generating healthy income gains. Last week, Credit Acceptance ... [Read More]

AUL uses dealer & consumer feedback to compile 5 tips to help make F&I better

best practices
SubPrime Auto Finance News Staff
With seven months of 2021 already completed, AUL Corp. senior vice president of strategic product development Jason Garner identified five key F&I tips to help dealerships and finance companies be even more successful during the remainder of the year. Garner ... [Read More]

Credit Acceptance, Wise F&I honored for great workplaces

trophies
SubPrime Auto Finance News Staff
Credit Acceptance Corp. and Wise F&I each have received accolades for how great their workplaces are. For Credit Acceptance, the finance company that specializes in subprime auto financing now has claimed six accolades so far this year, with the most ... [Read More]

3 attorneys join Hudson Cook offices in Texas, Maryland & Washington D.C.

Hudson Cook hires for web
SubPrime Auto Finance News Staff
This week, Hudson Cook reinforced its stable of legal experts with the hiring of new partner Megan Nicholls along with new associates Laura Bacon and Robert Tilley. “We are thrilled to welcome Meg, Laura and Rob to the Hudson Cook ... [Read More]

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