A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Fed keeps interest rates unchanged even in ‘challenging environment’ for automotive
Thursday, Jan. 29, 2026, 10:29 AM
PODCAST: Lenders, forwarders & agents discuss repo bottlenecks
Wednesday, Jan. 28, 2026, 02:22 PM
VantageScore pinpoints how much subprime credit market is growing
Wednesday, Jan. 28, 2026, 11:09 AM
The real cost of inaction when it comes to transport fraud
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Thursday, Jan. 29, 2026, 03:30 PM
More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here
Thursday, Jan. 29, 2026, 03:30 PM
Lenders, forwarders & agents discuss repo bottlenecks
In another of the Used Car Week 2025 panel discussions focused on repossessions and recoveries, AutoSquared.ai co-founder Bahador Rahimi led a conversation that included lenders, forwarders and agents. The group exchanged ideas about how industry firms can smooth the bottlenecks ... Listen Here
Wednesday, Jan. 28, 2026, 07:16 PM
TurboPass builds subprime client portfolio, adding ACC
Monday, Jul. 13, 2020, 03:18 PM
SubPrime Auto Finance News Staff
TurboPass is continuing to build relationships with finance companies that specialize in subprime paper. Soon after announcing a finalized strategic partnership with Turner Acceptance, TurboPass also shared that it’s working with Automotive Credit Corp. (ACC) to leverage its universal income ... [Read More]
CFPB names deputy director among 4 personnel moves
Monday, Jul. 13, 2020, 03:14 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau made a series of personnel moves last week, including the creation of a new division. Most notably, director Kathleen Kraninger announced that Thomas Pahl will serve as the deputy director of the bureau. Pahl has ... [Read More]
Resource Hub
Best Practices, Ideas, and Tools for Business
Used Car Turn Vendor Management Checklist
Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
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Nicholas Financial takes interim tag off of CFO
Friday, Jul. 10, 2020, 02:03 PM
SubPrime Auto Finance News Staff
Nicholas Financial solidified two of its highest leadership positions this week. The subprime auto finance company announced the appointment of Irina Nashtatik as chief financial officer; a role she had been filing in an interim capacity since November. Nicholas Financial ... [Read More]
PODCAST: Why subprime remains resilient even during COVID-19
Thursday, Jul. 9, 2020, 02:26 PM
SubPrime Auto Finance News Staff
Davis & Gilbert partner Joseph Cioffi makes another podcast appearance to offer more insights about the Credit Chronometer report that surveyed executives from throughout the subprime auto finance sector about the space’s prospects to navigate through the coronavirus pandemic. What ... [Read More]
RISC rolls out employment site tailored for repossession industry
Wednesday, Jul. 8, 2020, 02:53 PM
SubPrime Auto Finance News Staff
Already a training provider, RISC now is getting involved in the employment part of the repossession and recovery industries. On Tuesday, the firm launched RepoHiring.com in an effort to helps connect collateral recovery industry employers with qualified job seekers. Free ... [Read More]
COMMENTARY: Getting consumers’ payments back on track
Wednesday, Jul. 8, 2020, 02:46 PM
Louis Ochoa, Servicing Solutions
According to the recently released S&P/Experian Consumer Credit Default Indices, United States auto loan defaults dropped 10 basis points to 0.56% in May. This comes on the heels of the release of Experian’s State of the Automotive Finance Market Report, ... [Read More]
Turner Acceptance partners with TurboPass to boost underwriting
Tuesday, Jul. 7, 2020, 04:49 PM
SubPrime Auto Finance News Staff
Turner Acceptance is bringing on some technology reinforcement to help the subprime auto finance company navigate its way through underwriting during the coronavirus pandemic. This week, Turner Acceptance finalized a strategic partnership with TurboPass to leverage its universal income validation ... [Read More]
4 finance signs of coronavirus-driven surge toward used vehicles
Tuesday, Jul. 7, 2020, 02:08 PM
SubPrime Auto Finance News Staff
The coronavirus pandemic is accelerating consumers’ recognition of more favorable financing terms in connection with used vehicles among other benefits of acquiring a pre-owned model instead of a new car. That’s among the latest findings shared on Tuesday by Edmunds, ... [Read More]
CFPB, OCC to host virtual innovation office hours
Monday, Jul. 6, 2020, 03:40 PM
SubPrime Auto Finance News Staff
Like so many shops connected with auto financing, federal regulators are working in virtual environments, too. Just before the holiday weekend, the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC) announced they will ... [Read More]
Finance companies find 2 ways to trim risk on June new-car paper
Wednesday, Jul. 1, 2020, 04:10 PM
SubPrime Auto Finance News Staff
While the cost of new vehicles continues to climb, the newest data from Edmunds indicated finance companies are finding ways to mitigate their risk when booking new-model paper. On Wednesday, Edmunds experts reported the average down payment for new vehicles ... [Read More]
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