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Expectations for repossessions in the US & Canada with Purr’s Chris Schellenberger
Wednesday, Jan. 14, 2026, 07:48 PM
Purr founder and CEO Chris Schellenberger opened Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Schellenberger, whose unique business model offers a retail consignment platform for repossessed vehicles, discussed what the repo industry could be ... Listen Here
Robert Guerrero of ClaimBuyout on inventory opportunities for dealers via repairable vehicles
Tuesday, Jan. 13, 2026, 07:19 PM
Robert Guerrero spent nearly 14 years as an executive with Insurance Auto Auctions, so he understands the complexities of damaged vehicles, distraught owners, auto insurers and repair shops. Now as the president and co-founder of ClaimBuyout, Guerrero explained how damaged ... Listen Here
Protecting yourself when it comes to vehicle transport with Autosled VP Sam Goldenberg
Monday, Jan. 12, 2026, 05:16 PM
Imagine being a dealer and the vehicle you expected to be transported to your store isn’t on the hauler behind your showroom. And no one knows where the vehicle is. To help avoid the unfortunate situation, Autosled vice president of ... Listen Here

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]

AutoPayPlus names Rodak as controller

new hire
Monday, Feb. 24, 2025, 10:29 AM
SubPrime Auto Finance News Staff
Last week, AutoPayPlus by US Equity Advantage announced the hiring of Patricia Rodak as its controller to oversee the company’s accounting functions, financial reporting and compliance efforts. Rodak brings more than 25 years of financial leadership experience, with expertise in ... [Read More]
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