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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: 20 honorees among 2025 Women in Collections and Recoveries

Wednesday, Mar. 5, 2025, 01:50 PM
Nick Zulovich, Senior Editor
Cherokee Media Group is proud to recognize this year’s Women in Collections and Recoveries, presented by American Recovery Service. We were privileged to receive a record number of nominations for this program, leading to 20 industry leaders being recognized. The ... [Read More]

MBSi unveils new tool to automatically verify lienholder changes to avoid wrongful repossessions

Wednesday, Mar. 5, 2025, 09:39 AM
SubPrime Auto Finance News Staff
With wrongful repossessions costing finance companies and forwarders up to an estimated $1 million annually, MBSi has introduced a solution which significantly reduces lien lost risk and associated costs. MBSi highlighted on Tuesday that Lien Verification is a new product ... [Read More]

Former Corpay, Primeritus exec now COO of Resolvion

Wednesday, Mar. 5, 2025, 09:38 AM
SubPrime Auto Finance News Staff
Resolvion has a new chief operating officer. On Tuesday, the repossession management company announced that it has appointed Darren Stavely as its COO. With more than 20 years of experience in operations, finance, and customer service, Resolvion highlighted that Stavely ... [Read More]

Hoffman becomes president of APCO Holdings

Tuesday, Mar. 4, 2025, 10:14 AM
SubPrime Auto Finance News Staff
APCO Holdings named Courtney Hoffman as its president on Tuesday. The provider of F&I products — and home to the EasyCare, GWC Warranty, Crystal Fusion and Rider’s Advantage brands — said Hoffman will also continue leading the revenue channel and ... [Read More]

Report: 70% of consumers plan to buy a car within next 2 years

Monday, Mar. 3, 2025, 10:16 AM
SubPrime Auto Finance News Staff
If your finance company chooses to book contracts with near- and non-prime consumers, you’re likely to have a notable pool of potential customers in the next 24 months. According to the 2025 Vehicle Accessibility Report from Open Lending, 70% of ... [Read More]

CFPB director nominee shares plan to reshape bureau during Senate hearing

Friday, Feb. 28, 2025, 10:05 AM
SubPrime Auto Finance News Staff
The Senate Banking Committee hosted a two-hour hearing on Thursday to question the nominee to be director of the Consumer Financial Protection Bureau, along with nominees to be the Under Secretary of Commerce, chairman of the Council of Economic Advisors ... [Read More]

15 credit unions and banks receive Economic Vehicle Accessibility Awards from Open Lending

Thursday, Feb. 27, 2025, 10:38 AM
SubPrime Auto Finance News Staff
This week, Open Lending announced the 2024 winners of its second annual Economic Vehicle Accessibility Awards (EVAAs). The winning banks and credit unions are Open Lending partners that drive vehicle access through financing opportunities for creditworthy near- and non-prime borrowers. ... [Read More]

ARA about to close voting for 9 industry awards

Wednesday, Feb. 26, 2025, 01:52 PM
SubPrime Auto Finance News Staff
The American Recovery Association is in the closing days of accepting votes for nine industry awards that will be given at the 2025 North American Repossessors Summit. ARA will gather votes through Friday for the accolades, which will be announced ... [Read More]

Agora Data delves into powersports sector with $12M transaction

Wednesday, Feb. 26, 2025, 11:02 AM
SubPrime Auto Finance News Staff
Agora Data is now in the powersports business. The consumer fintech company specializing in advanced capital solutions and AI-driven loan performance analytics, has completed a $12 million transaction providing liquidity for Model Finance, a powersports finance company. This move represents ... [Read More]

New AVP set to join NextGear, which eyes notable growth this year

Wednesday, Feb. 26, 2025, 11:01 AM
SubPrime Auto Finance News Staff
NextGear Capital is looking to expand its portfolio this year, so the provider of inventory finance solutions serving more than 17,000 independent dealers announced plans to add a new executive. Set to join the team as AVP of corporate operations ... [Read More]
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