Foster’s 40-year career now includes being named Repossession Agent of the Year
Wednesday, Oct. 30, 2024, 01:15 PM
NAF Association touts success of Compliance Champions Workshop
Thursday, Oct. 31, 2024, 09:55 AM
New TransUnion research highlights broad interest in refinancing
Wednesday, Oct. 30, 2024, 10:44 AM
FTC defends responsiveness to Congressional inquiries
Tuesday, Dec. 5, 2023, 11:30 AM
SubPrime Auto Finance News Staff
Last week, Jeanne Bumpus, director of the office of Congressional relations at the Federal Trade Commission, testified before the House Judiciary Subcommittee on Responsiveness and Accountability to Oversight. Bumpus told lawmakers the FTC “has established its clear responsiveness” to House ... [Read More]
PODCAST: More title talk with Cox Automotive’s Deshaun Sheppard
Friday, Dec. 1, 2023, 12:08 PM
SubPrime Auto Finance News Staff
On the eve of this year’s Used Car Week, the “Excellence of Titling Execution,” Deshaun Sheppard of Cox Automotive, made another visit for the Auto Remarketing Podcast. Sheppard described the ongoing evolution of electronic titling of vehicles and how Cox ... [Read More]
Experian sees affordability improve slightly in Q3
Friday, Dec. 1, 2023, 10:58 AM
SubPrime Auto Finance News Staff
Perhaps the affordability hurdle that’s been a challenge throughout the year for dealerships and finance companies to get deals done with consumers is starting to fade. According to Experian’s State of the Automotive Finance Market Report that contained third quarter ... [Read More]
OneMain makes ‘tuck-in acquisition’ of Foursight
Friday, Dec. 1, 2023, 10:53 AM
SubPrime Auto Finance News Staff
As the industry was getting set to celebrate Thanksgiving last week, OneMain Holdings and Jefferies Financial Group reached a definitive agreement under which OneMain will acquire Foursight Capital from Jefferies for $115 million in cash. OneMain chairman and CEO Doug ... [Read More]
COMMENTARY: Redefining auto finance & navigating the F&I compliance landscape
Thursday, Nov. 30, 2023, 10:25 AM
Stephen McDaniel, F&I Sentinel
In an era where over 100 million Americans are tethered to car loans that total some $1.6 trillion in debt, the spotlight on the auto finance industry has intensified. This is not just about numbers, it’s about the responsibility that ... [Read More]
PODCAST: Sharpening fee structures with Weltman, Weinberg & Reis
Wednesday, Nov. 29, 2023, 01:46 PM
SubPrime Auto Finance News Staff
Shareholder Amy Clum Holbrook and attorney Stefanie Collier with Weltman, Weinberg & Reis — both whom have been among Women in Auto Finance honorees the past two years — utilized part of their time at Used Car Week for this ... [Read More]
700Credit blends Insight Score for Auto from Equifax into dealer tools
Wednesday, Nov. 29, 2023, 11:31 AM
SubPrime Auto Finance News Staff
The credit reports, compliance solutions, soft pull, identity verification and fraud detection platforms from 700Credit became more robust this week courtesy of the addition of Insight Score for Auto from Equifax. Designed to help expand access to credit for consumers ... [Read More]
Davis+Gilbert names Cioffi as chief operating partner
Wednesday, Nov. 29, 2023, 11:30 AM
SubPrime Auto Finance News Staff
Davis+Gilbert named a new chief operating partner, turning to an expert who has been with the law firm for more than two decades. The firm announced that partner Joseph Cioffi is taking on additional responsibilities as chief operating partner effective ... [Read More]
COMMENTARY: New Informed.IQ research reveals age & gender differences in vehicle add-on purchases
Tuesday, Nov. 28, 2023, 10:13 AM
Tom Oscherwitz, Informed.IQ
When consumers purchase cars at an auto dealer, they often buy supplemental products and services called voluntary protection products (VPPs). These provide additional coverage and protection for certain vehicle components or services not covered by or beyond the manufacturer’s original ... [Read More]
Open Lending now part of CUNA as associate business member
Monday, Nov. 27, 2023, 11:10 AM
SubPrime Auto Finance News Staff
Open Lending recently joined the Credit Union National Association (CUNA) as an associate business member. As a CUNA member, the provider of risk analytics solutions for financial institutions said it will elevate the credit union movement through industry advocacy and ... [Read More]