Carson’s successful path leads to promotion at Primeritus
Wednesday, Feb. 19, 2025, 01:41 PM
SubPrime Auto Finance News Staff
Misty Carson’s productivity and successes at Primeritus Financial Services have led to an executive promotion within the provider of repossession management, skip-tracing and remarketing services for the auto finance and insurance industries. On Tuesday, Primeritus announced the promotion of Carson ... [Read More]
Coupons4Real uncovers Top 10 states where consumers are trying to improve their credit most
Wednesday, Feb. 19, 2025, 11:10 AM
SubPrime Auto Finance News Staff
With a new education program from TransUnion enabled by its collaboration with Credit Sesame coming later this year, Coupons4Real analyzed the search volume data from Google to gauge how much consumers are interested in improving their credit and from what ... [Read More]
5 trends being watched by Experian North America chief economist
Wednesday, Feb. 19, 2025, 11:09 AM
SubPrime Auto Finance News Staff
In his latest installment of “The Macro Moment” distributed this week, Experian North America chief economist Joseph Mayans delivered insight on the U.S. economy as well as key economic and credit developments and implications for the financial services industry. While ... [Read More]
Cox Automotive sees credit access flat to start 2025
Tuesday, Feb. 18, 2025, 09:44 AM
SubPrime Auto Finance News Staff
Cox Automotive reported the arrival of the January reading, coupled with a slight downward revision of December’s mark, left the Dealertrack Credit Availability Index flat on a sequential comparison. However, Jonathan Gregory, a senior manager on Cox Automotive’s economic and ... [Read More]
TransUnion & Credit Sesame to launch new education and monitoring offering
Monday, Feb. 17, 2025, 10:23 AM
SubPrime Auto Finance News Staff
Your customers who have soft credit profiles could benefit from a new program from TransUnion enabled by its collaboration with Credit Sesame. Announced last week, this new offer is expected to enable the credit bureau to more fully serve the ... [Read More]
3 compliance benefits from Algebrik AI partnership with Carleton
Monday, Feb. 17, 2025, 10:20 AM
SubPrime Auto Finance News Staff
Algebrik AI and Carleton now are working together to boost compliance efforts by their clients. The companies announced a strategic partnership last week integrates Carleton’s payment calculation APIs into Algebrik’s loan origination platform in an effort to set a new ... [Read More]
DriveItAway welcomes Light as board of advisors chair
Friday, Feb. 14, 2025, 10:34 AM
SubPrime Auto Finance News Staff
The newest industry executive to join DriveItAway Holdings sees the provider of “micro-lease to purchase” technology as being on a “path to scale.” DriveItAway announced on Thursday that it has closed a $4 million credit line funding guaranty from Menachem ... [Read More]
Hudson Cook’s Covington on what could be ahead at CFPB & state regulators
Friday, Feb. 14, 2025, 10:33 AM
SubPrime Auto Finance News Staff
Hudson Cook partner Patty Covington helped the industry wrap up what’s been a busy week on the federal regulatory front, including three key positions being filled at the Federal Trade Commission and President Trump nominating Jonathan McKernan to be the ... [Read More]
Trump nominates McKernan for 5-year term as CFPB director
Thursday, Feb. 13, 2025, 09:55 AM
SubPrime Auto Finance News Staff
President Trump sent more than 60 nominations to the U.S. Senate on Wednesday for confirmation to lead regulatory agencies, serve as foreign ambassadors and more. One nomination was Jonathan McKernan to be director of the Consumer Financial Protection Bureau for ... [Read More]
PODCAST: Wisdom from Women in Collections and Recoveries honorees
Wednesday, Feb. 12, 2025, 11:18 AM
SubPrime Auto Finance News Staff
We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a panel featuring Women in Collections and Recoveries honorees. Belinda Beyer of American Recovery Service led the discussion about navigating difficult ... [Read More]