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How agentic AI is impacting collections
Thursday, Feb. 5, 2026, 02:21 PM
Agentic AI is among the slew of topics being bandied about this week at NADA Show 2026 in Las Vegas. The subject also was discussed during Used Car Week 2025 in the same city. Used Car Week Hall of Famer ... Listen Here
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

Industry notes: PassTime to aid credit unions; Heritage Acceptance’s new VSC offering

news report stock photo
Wednesday, Jan. 11, 2017, 04:06 PM
SubPrime Auto Finance News Staff
Announcements recently arrived involving PassTime GPS, Heritage Acceptance and Sword Apak. LEVERAGE, the service corporation of the League of Southeastern Credit Unions & Affiliates (LSCU) that equips credit union partners with products and services to fulfill day-to-day needs, named PassTime ... [Read More]

The key to auto finance in 2017: Technology

binary & electricity
Tuesday, Jan. 10, 2017, 03:56 PM
Nick Zulovich, Senior Editor
Experts from Equifax, Fiserv and J.D. Power all agree: Technology is going to be the catalyst to keeping the financing cog in the automotive retail machine humming in 2017 at least near the level dealerships, finance companies and other service ... [Read More]

3 ways to maintain subprime sales in any conditions

subprime clouds_15
Monday, Jan. 9, 2017, 03:34 PM
SubPrime Auto Finance News Staff
Regardless of which way the subprime breezes are blowing, GWC Warranty explained there are certain steps dealers can take to ensure their own subprime business doesn’t fluctuate with the annual ebbs and flows of the subprime market. The company that ... [Read More]

CFPB reviews depth student loans are impacting older borrowers

student loans_3
Monday, Jan. 9, 2017, 03:32 PM
SubPrime Auto Finance News Staff
You might automatically assume if student loans — and difficulty in maintaining payments — are the hurdles to keeping the financing from being finalized for vehicle delivery, the customer surely is a recent college graduate. A new report from the ... [Read More]

S&P Global’s 5-point ABS projections for 2017

money 3
Friday, Jan. 6, 2017, 04:28 PM
Nick Zulovich, Senior Editor
Before S&P Global Ratings credit analyst Amy Martin could even get to her slides containing projections for the auto ABS market, an observer who joined the firm’s webinar on Thursday asked which subprime ABS issuers are most vulnerable to negative ... [Read More]

New ProMax Unlimited dealer tool leverages Equifax employment data

employment pic
Friday, Jan. 6, 2017, 04:26 PM
SubPrime Auto Finance News Staff
Dealer Marketing Services, the makers of ProMax Unlimited, recently released Employment and Income Verification Service (EIVS); a tool that can enable dealerships to access valuable data provided by Equifax in order to verify a customer’s employment history and income early ... [Read More]

A dealer’s secret weapon: The underutilized auto finance source representative

hand shaking 2
Thursday, Jan. 5, 2017, 04:37 PM
George Ewing, Flagship Credit Acceptance
I recently came across an article titled, “J.D. Power: Speed No Longer Top Consideration When Selecting Finance Sources,” and it sparked my interest about what the modern retail automotive dealer leadership really wants to see from their finance companies when ... [Read More]

Foss retires from Credit Acceptance

Don Foss main for SPN
Wednesday, Jan. 4, 2017, 09:27 PM
SubPrime Auto Finance News Staff
One of the most noteworthy executives ever to participate in subprime auto financing has retired. Credit Acceptance announced late on Wednesday afternoon that founder Donald Foss, who most recently served as the company’s chairman, has decided to retire as an ... [Read More]

CFPB takes $23M action against TransUnion & Equifax

credit report
Wednesday, Jan. 4, 2017, 05:37 PM
SubPrime Auto Finance News Staff
In an action one of the credit bureaus acknowledged through a filing with the Securities and Exchange Commission, the Consumer Financial Protection Bureau confirmed on Tuesday that it took action against Equifax, TransUnion and their subsidiaries for what they regulator ... [Read More]

Industry notes: Updates from Reynolds, U Drive Acceptance & FICO

news
Wednesday, Jan. 4, 2017, 05:35 PM
SubPrime Auto Finance News Staff
Before the year closed, Reynolds and Reynolds added to its collection of libraries of standardized, legally reviewed finance and insurance (F&I) documents for dealers while a subprime finance company serving the Midwest — U Drive Acceptance — moved into new ... [Read More]

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