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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

From the editor: A crisis facing repossession agents

opinion
Wednesday, Oct. 30, 2019, 07:03 PM
Nick Zulovich, Senior Editor
While the overall automotive industry might be relatively healthy, no doubt there are dealerships struggling with aged inventory, auctions stressed to keep commercial consignors satisfied and finance companies wringing their hands over compressed margins and wavering portfolio performances. But if ... [Read More]

A tale of two candidates and a vital lesson for hiring managers

job interview
Tuesday, Oct. 29, 2019, 09:10 PM
SubPrime Auto Finance News Staff
Automotive Personnel founder and chief executive officer Don Jasensky addressed what he believes is the most common hiring mistake employers make. The National Automotive Finance Association board member discussed when dealerships and finance companies might pass on a potentially high ... [Read More]

2 separate Inovatec surveys shed light on pain points for lenders & consumers

strategy picture
Tuesday, Oct. 29, 2019, 03:30 PM
SubPrime Auto Finance News Staff
While enhancements in auto financing certainly have been made over the years, a pair of surveys orchestrated by Inovatec Systems Corp., revealed areas where improvements still could be made for the benefit of finance companies and consumers. This week, Inovatec ... [Read More]

August recoveries improve based on S&P auto ABS data

money-key
Monday, Oct. 28, 2019, 03:21 PM
SubPrime Auto Finance News Staff
While some overall metrics in the U.S. auto loan asset-backed securities (ABS) sector demonstrated seasonality, S&P Global Ratings also spotted some improvements in recoveries for both prime and subprime. According to its latest report, U.S. Auto Loan ABS Tracker: August ... [Read More]

TMCC’s ‘commitment to innovation’ made through latest financing action

money-stack
Friday, Oct. 25, 2019, 03:17 PM
SubPrime Auto Finance News Staff
Toyota Motor Credit Corp. (TMCC) said it made a complex financing move that the captive said was “demonstrating the company’s commitment to innovation and advancing its reputation as an industry leader.” On Thursday, TMCC announced that it issued its first ... [Read More]

Credit Acceptance executive receives AFSA honor

award winner
Friday, Oct. 25, 2019, 03:15 PM
SubPrime Auto Finance News Staff
As another member of the auto-finance industry became chairman of the American Financial Services Association’s board of directors, an executive who has been with Credit Acceptance since 1996 received AFSA’s Distinguished Service Award (DSA) during the organization’s annual meeting in ... [Read More]

6 executive moves made by Location Services

new hire 2
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

news update
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

accounting image
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

EFG
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]
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