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
Dealertrack adds another finance company using its title tool
Friday, Mar. 22, 2019, 01:32 PM
SubPrime Auto Finance News Staff
Another finance company is seeing the potential benefit of leveraging Dealertrack Accelerated Title. After recently reaching relationships with Westlake Financial Services as well as dealer associations in Louisiana and Wisconsin, Dealertrack this week announced that KeyBank Dealer Retail Services has ... [Read More]
COMMENTARY: Using AI and machine learning to keep market in ‘high gear’
Friday, Mar. 22, 2019, 01:29 PM
Sean Bennett, Servicing Solutions
The Federal Reserve Bank of New York’s Center for Microeconomic Data recently released its quarterly report on household debt and credit. While some pundits initially rushed to point to a negative theme — 7 million people had an auto finance ... [Read More]
COMMENTARY: Examining personal property handling, issues and costs
Wednesday, Mar. 20, 2019, 03:09 PM
Mike Levison, ALS Resolvion
Over the past year, there has been a great deal of discussion about the fees related to the removal and storage of personal property. The issue has resulted in significant changes by most lenders as to how personal property fees ... [Read More]
Ford Protect chooses Darwin Automotive as preferred provider
Wednesday, Mar. 20, 2019, 02:56 PM
SubPrime Auto Finance News Staff
This week, Darwin Automotive announced that it has been selected by Ford Protect to be a preferred provider within the company’s core F&I menu, as well as the Darwin digital retailing and service menu for Ford Dealerships nationwide. Dealerships use ... [Read More]
Free infographic could help dealers understand federal tax changes
Wednesday, Mar. 20, 2019, 02:52 PM
SubPrime Auto Finance News Staff
Protective Asset Protection rolled out another product to help dealerships understand federal tax changes. The provider of F&I programs, services and dealer-owned warranty company programs made available a new educational infographic for dealerships and dealer principals on the effect recent tax ... [Read More]
S&P Global Ratings and its ‘sanguine’ outlook of subprime auto loan ABS
Tuesday, Mar. 19, 2019, 03:01 PM
SubPrime Auto Finance News Staff
S&P Global Ratings took its turn on Tuesday to add more context to the headline-creating and social-media stirring auto-finance data released by the Federal Reserve Bank of New York. Credit analyst Amy Martin led the charge looking closely at subprime ... [Read More]
6 tips from FTC when subpoena or CID arrives
Monday, Mar. 18, 2019, 03:22 PM
SubPrime Auto Finance News Staff
The Federal Trade Commission recently offered six recommendations to dealerships and auto finance companies that might receive subpoenas and civil investigative demands (CIDs) as part of an investigation into potential law violations Burke Kappler, an attorney in the FTC’s Office ... [Read More]
Carleton enhances solution with ATC partnership
Friday, Mar. 15, 2019, 02:10 PM
SubPrime Auto Finance News Staff
Celebrating its 50th year in the consumer lending market, Carleton looked to enhance its suite of solutions this week. Following extensive market feedback and discussions with key partners, Carleton released CarCalcs, a comprehensive and integrated sales tax, registration and dealer ... [Read More]
StoneEagle F&I partners with F&I Express to broaden dealer access
Friday, Mar. 15, 2019, 02:07 PM
SubPrime Auto Finance News Staff
Two providers that finance managers might already know and use are now working together. StoneEagle F&I and F&I Express have agreed to integrate their solutions to provide dealers seamless access to the industry’s largest network of aftermarket providers, making it ... [Read More]
PODCAST: KPA on handling human resources efficiently
Thursday, Mar. 14, 2019, 02:52 PM
SubPrime Auto Finance News Staff
Our podcasts originating from NADA Show 2019 tackle another important topic — human resources and managing your workforce. KPA chief executive officer Vane Clayton not only discussed the company’s acquisition of Compli earlier this year, but also shared some best practices ... [Read More]