A2C expands availability of compliance solutions via NCM
Friday, Jan. 12, 2024, 10:40 AM
SubPrime Auto Finance News Staff
Two dealership service providers want stores to be ready for what the Federal Trade Commission is asking them to do, so they formed a new partnership this week. Accelerate2Compliance (A2C) announced the expanded availability of its dealership compliance solutions through ... [Read More]
NCC welcomes another former Cox Automotive executive as CRO
Friday, Jan. 12, 2024, 10:40 AM
SubPrime Auto Finance News Staff
National Credit Center (NCC), a provider of credit, identity verification, compliance, and soft pull solutions, serving dealerships nationwide, welcomed another former Cox Automotive executive to its leadership team this week. The company named Jay Nieman as its chief revenue officer ... [Read More]
Fed governor reiterates when interest rates might soften
Thursday, Jan. 11, 2024, 11:23 AM
SubPrime Auto Finance News Staff
Earlier this week, one of the members of the Federal Reserve Board of Governors made her third public appearance since Thanksgiving; this time hinting when interest rates might soften. Michelle Bowman gave a speech during the South Carolina Bankers Association’s ... [Read More]
USED CAR WEEK 2023 PODCAST: Path to improved repossession & remarketing logistics
Wednesday, Jan. 10, 2024, 11:05 AM
SubPrime Auto Finance News Staff
We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a dealer panel titled, “Building the Bridge for Lenders to Improve Remarketing Logistics.” The session was ... [Read More]
PODCAST: New EFG Companies president & CEO with 2024 outlook
Wednesday, Jan. 10, 2024, 11:05 AM
SubPrime Auto Finance News Staff
In one of her first public appearances as the new president and CEO of the company, Jennifer Rappaport of EFG Companies joined chief revenue officer Eric Fifield for this episode of the Auto Remarketing Podcast. Rappaport, who most recently was ... [Read More]
Former Equifax legal expert now with Hudson Cook
Wednesday, Jan. 10, 2024, 11:03 AM
SubPrime Auto Finance News Staff
Hudson Cook expanded its credit reporting, privacy, and data security practice group with a legal expert whose last position was with one of the service providers in that specific space. This week, the law firm announced the addition of Jason ... [Read More]
Open Lending research: Near- and non-prime consumers face shrinking access
Tuesday, Jan. 9, 2024, 10:17 AM
SubPrime Auto Finance News Staff
Open Lending highlighted three main findings from its first Near- and Non-Prime Consumer Update, a quarterly proprietary data report on automotive finance trends in the near- and non-prime credit segments. Researchers found not only how much originations in that credit ... [Read More]
USED CAR WEEK 2023 PODCAST: How repossession management is changing
Sunday, Jan. 7, 2024, 07:03 PM
SubPrime Auto Finance News Staff
We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a panel discussion titled, “The Changing Landscape of Repossession Management.” The session included Suzi Straffon of ... [Read More]
FTC & Connecticut AG charge Nissan dealer with using ‘junk fees’ & other prohibited tactics involving certified vehicles
Thursday, Jan. 4, 2024, 03:02 PM
SubPrime Auto Finance News Staff
Regulators are targeting another dealership over what they dub to be “junk fees,” among other allegations. According to a news release distributed on Thursday, the Federal Trade Commission and the Connecticut attorney general are taking action against Manchester City Nissan ... [Read More]
USED CAR WEEK 2023 PODCAST: 3 executives examine possible future of loss recovery sector
Thursday, Jan. 4, 2024, 09:47 AM
SubPrime Auto Finance News Staff
We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a trio of recovery industry executives for a discussion about how delinquencies, repossessions and recoveries might ... [Read More]