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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

Kulas resigns; Powell now leading SCUSA

board-room
Monday, Aug. 28, 2017, 03:39 PM
SubPrime Auto Finance News Staff
The parade of high-level executive leadership changes at Santander Consumer USA continued on Monday with the resignation of Jason Kulas as president and chief executive officer, effective immediately. According to a news release, succeeding Kulas — who had held the ... [Read More]

Securitization notes: Updates from Prestige & Westlake

news report stock photo
Friday, Aug. 25, 2017, 02:30 PM
SubPrime Auto Finance News Staff
Westlake Financial Services and Prestige Financial Services each announced updates about securitizations this week, combining for a total surpassing $1.1 billion. The larger of the two securitizations came from Westlake, which actually rolled out its largest issuance in company history. ... [Read More]

Ways to reach consumers who check their smartphones 150 times a day

business people using smartphones
Thursday, Aug. 24, 2017, 02:12 PM
SubPrime Auto Finance News Staff
Experian senior director of digital credit marketing Scott Gordon acknowledged the proliferation of advertising mediums means there isn’t a “silver bullet” for dealerships and finance companies to use in order to showcase their options for consumers to purchase or lease ... [Read More]

AutoFi lands another $10M in funding, heading to Canada

money 4
Thursday, Aug. 24, 2017, 01:35 PM
SubPrime Auto Finance News Staff
Investment continues to be pushed into new technology designed to respond to how consumers want to purchase and finance their next vehicle. The newest development involves the captive associated with one of the Big 3 domestics. Financial technology company AutoFi ... [Read More]

UPDATED: 70 finance companies already listed with SuperMoney’s new platform

car buy button
Wednesday, Aug. 23, 2017, 02:59 PM
Nick Zulovich, Senior Editor
More than 70 finance companies are now included with a technology startup that’s aiming to provide consumers with an online auto financing search and booking process similar to what they already can use to secure flights or hotel rooms. SuperMoney, ... [Read More]

NJ Hyundai dealer agrees to 8 conditions in settlement with attorney general

gavel 2
Wednesday, Aug. 23, 2017, 02:56 PM
SubPrime Auto Finance News Staff
What law enforcement determined to be deceptive practices associated with dealership advertising of financing options recently surfaced again — this time in New Jersey. Garden State attorney general Christopher Porrino and the state’s Division of Consumer Affairs announced that a ... [Read More]

3 critical questions for repo agents about locksmiths

buying car 7
Wednesday, Aug. 23, 2017, 02:54 PM
SubPrime Auto Finance News Staff
The Council of Repossession Professionals (CORP) cautioned repo agencies about the potential pitfalls of using a locksmith company that might be mandated by a particular finance company client but could utilize employees who may not be aware or comply with ... [Read More]

3 reasons why KBRA remains ‘comfortable’ with ABS fundamentals

money car
Tuesday, Aug. 22, 2017, 02:08 PM
SubPrime Auto Finance News Staff
Despite four factors that might make its confidence deteriorate, Kroll Bond Rating Agency (KBRA) said in a report released on Monday that it remains “comfortable” with auto loan ABS fundamentals. That assertion came within the firm’s newest structured finance research ... [Read More]

Westlake’s latest investments in technology, training

Westlake_Certification_Mentors_for SPN
Monday, Aug. 21, 2017, 03:05 PM
SubPrime Auto Finance News Staff
As Westlake Financial Services broadened its employee training program, the finance company also recently agreed to use Equifax’s dealer intelligence platform, TradeSight, to manage and monitor its dealer relationships. TradeSight can help finance companies analyze originations, current and future dealer ... [Read More]

FICO looks to optimize deal structures with new tool

credit score image
Monday, Aug. 21, 2017, 02:58 PM
SubPrime Auto Finance News Staff
FICO now has more than just a consumer credit score to offer auto finance companies during the origination process. Leveraging its deep analytic expertise coupled with advanced algorithms and the latest optimization technology, FICO recently highlighted its new automotive industry-specific ... [Read More]
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