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The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
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More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here
Lenders, forwarders & agents discuss repo bottlenecks
Wednesday, Jan. 28, 2026, 07:16 PM
In another of the Used Car Week 2025 panel discussions focused on repossessions and recoveries, AutoSquared.ai co-founder Bahador Rahimi led a conversation that included lenders, forwarders and agents. The group exchanged ideas about how industry firms can smooth the bottlenecks ... Listen Here

Reynolds releases F&I libraries for Maine & Vermont

technology
Friday, Mar. 17, 2017, 02:39 PM
SubPrime Auto Finance News Staff
Earlier this week, Reynolds and Reynolds announced the release of the Reynolds LAW Maine F&I Library, just a short while after the firm unveiled a similar product for a neighboring state with the rollout of the Reynolds LAW Vermont F&I ... [Read More]

Where interest rates could be by end of 2019

rate rise Janet Yellen for SPN
Thursday, Mar. 16, 2017, 01:40 PM
SubPrime Auto Finance News Staff
With the federal funds rate ticking up by 0.25 percent to 1 percent as widely expected on Wednesday, Federal Reserve chair Janet Yellen also described the expected median path for the federal funds rate through the close of 2019, which ... [Read More]

Westlake describes benefits of leveraging DRN’s vehicle location data and analytics

technology integration (1)
Wednesday, Mar. 15, 2017, 02:29 PM
SubPrime Auto Finance News Staff
Digital Recognition Network (DRN) recently embedded DRNsights, powered by vehicle location data plus analytics, into Westlake Financial’s servicing platform to manage risk and reduce losses. The companies shared that Westlake’s recent monthly performance report showed DRN’s data assisted Westlake with ... [Read More]

UPDATED: Sage Automotive Group, FTC settle for $3.6M

Federal Trade Commission
Tuesday, Mar. 14, 2017, 07:29 PM
SubPrime Auto Finance News Staff
The Federal Trade Commission announced on Tuesday that the Sage Automotive Group — which includes nine Los Angeles-based dealerships, its holding and management companies and two individuals — has agreed to pay more than $3.6 million in order to settle ... [Read More]

Payix launches mobile collections app and payment processing solutions

iphone in car pic
Tuesday, Mar. 14, 2017, 02:06 PM
Nick Zulovich, Senior Editor
Payix co-founders Chris Chestnut and Preston Cecil sat in Chestnut’s home a little more than a year ago. The pair had worked together at Innovate Auto Finance, a North Texas company that specializes in purchasing auto portfolios of all sizes ... [Read More]

How ‘fairly stable consumers’ could impact subprime

subprime clouds
Monday, Mar. 13, 2017, 03:37 PM
Nick Zulovich, Senior Editor
Certain macroeconomic trends — especially employment and consumer confidence — prompted Santander Consumer USA president and chief executive officer Jason Kulas to say that he sees a “fairly stable consumer” after he examined the finance company’s portfolio as well as ... [Read More]

GWC Warranty rolls out free compliance training for top dealer clients

training
Monday, Mar. 13, 2017, 03:35 PM
SubPrime Auto Finance News Staff
Used-vehicle service contract and related finance and insurance products provider GWC Warranty introduced a new exclusive benefit for its top dealers. Members of the WealthBuilder and Elite Dealer Programs now have access to free, online, on-demand compliance training. Through GWC ... [Read More]

Del Mar Recovery Solutions & MBSi broaden partnership

tech partnership
Friday, Mar. 10, 2017, 04:20 PM
SubPrime Auto Finance News Staff
This week, repossession services provider Del Mar Recovery Solutions announced that the company expanded its partnership with MBSi Corp. to encompass MBSi’s new suite of products. For the past several years, Del Mar Recovery Solutions has utilized MBSi’s iRepo platform ... [Read More]

Negative auto ABS trends continue in January

speedometer and line graph
Friday, Mar. 10, 2017, 04:18 PM
SubPrime Auto Finance News Staff
S&P Global Ratings reported on Thursday that collateral performance in the U.S. prime and subprime auto loan asset-backed securities (ABS) sectors continued to weaken in January. “Surprisingly, delinquencies did not decline from December to January as they usually do,” the ... [Read More]

Equifax rolls out suite of 3 advanced analytics tools

graph concept 2
Thursday, Mar. 9, 2017, 02:15 PM
SubPrime Auto Finance News Staff
On Thursday, Equifax announced the global launch of a portfolio of analytics tools dubbed Equifax Ignite that’s available now in the U.S., Canada and the U.K., and coming to Australia in the fall. The company explained that Equifax Ignite challenges ... [Read More]

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