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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

Space Coast Credit Union names new CFO and SVP

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Wednesday, Nov. 29, 2017, 04:07 PM
SubPrime Auto Finance News Staff
Space Coast Credit Union — with more than 380,000 members and assets of over $3.9 billion — recently announced the appointment of Hilary Eisbrenner to be chief financial officer and senior vice president. A 27-year veteran of the credit union ... [Read More]

5 F&I predictions for 2018 from EFG Companies

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Tuesday, Nov. 28, 2017, 04:11 PM
SubPrime Auto Finance News Staff
Now that the Thanksgiving turkey has been devoured and the holiday season is in full swing, EFG Companies is looking ahead to 2018, offering its predictions and recommendations for the retail automotive and powersports F&I market. Company leaders highlighted these ... [Read More]

defi SOLUTIONS adds another award to its mantle

award winner
Wednesday, Nov. 22, 2017, 02:28 PM
SubPrime Auto Finance News Staff
It’s indeed a time to be thankful within the team at defi SOLUTIONS. The company shared that it recently collected another industry honor, being awarded a spot on the 2017 Dallas Morning News Top 100 Places to Work. This is ... [Read More]

October defaults continue cyclical pattern, climbing another 6 basis points

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Tuesday, Nov. 21, 2017, 04:09 PM
SubPrime Auto Finance News Staff
Continuing a cyclical pattern S&P and Experian analysts have seen for nearly a decade, the auto finance default rate moved higher in October; and actually to the highest level in almost three years. According to the auto finance component of ... [Read More]

Originations slow for fourth straight quarter

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Monday, Nov. 20, 2017, 04:02 PM
SubPrime Auto Finance News Staff
It’s no secret that the auto finance industry is taking its collective foot off of the origination accelerator. In fact, TransUnion now has seen originations soften on a year-over-year basis for four quarters in a row. Displayed one quarter in ... [Read More]

Richard Cordray to step down from CFPB post before end of month

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Wednesday, Nov. 15, 2017, 05:42 PM
Sarah Rubenoff, SubPrime Auto Finance News Correspondent
It was reported by CNBC and other news outlets early Wednesday afternoon that director of the Consumer Financial Protection Bureau Richard Cordray would be stepping down from his position by the end of the month. The news first surfaced in ... [Read More]

TransUnion acquires FactorTrust

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Wednesday, Nov. 15, 2017, 01:25 PM
SubPrime Auto Finance News Staff
The company that deemed itself an alternative credit bureau now is a part of what traditionally has been one of the Big 3 credit history providers. Late on Tuesday, TransUnion announced the acquisition of Used Car Week sponsor FactorTrust, a ... [Read More]

RISC makes comprehensive repossession lot inspection reports available

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Tuesday, Nov. 14, 2017, 05:13 AM
SubPrime Auto Finance News Staff
The leadership at Recovery Industry Services Co. (RISC) heard panel discussions and networking dialogue from industry participants during Used Car Week about the importance of compliance for third-party vendors. The situation reinforced why RISC rolled out its latest offering on ... [Read More]

DRN’s LPR data now included in masterQueue’s dashboard

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Tuesday, Nov. 14, 2017, 05:09 AM
SubPrime Auto Finance News Staff
One of the benefits of Used Car Week is the networking that happens among auto finance service providers. Some of the fruit of that ongoing networking between two of Used Car Week’s staunchest supporters ripened on Monday. Digital Recognition Network ... [Read More]

Traffic Control CRM upgrades tool to handle ‘We Owe’ and other F&I fulfillments

dealership and couple
Thursday, Nov. 9, 2017, 03:46 PM
SubPrime Auto Finance News Staff
Traffic Control, a solution for dealers retailing 50 to 150 vehicles a month, this week announced new features for improving multiple F&I-related steps to enhance deal cash flow, employee efficiency and customer satisfaction. Traffic Control CRM now features e-document technology ... [Read More]
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