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Dissecting evolving credit scores with Shams Blanc of FICO
Monday, Nov. 24, 2025, 03:34 PM
As much as auto-finance underwriting has become sophisticated, a potential starting point to determine if the applicant will be offered an installment contract is the credit score. Shams Blanc, who is vice president of auto scores at FICO, described the ... Listen Here
Used Car Week Hall of Famer Jerry Kroshus of Location Services
Wednesday, Nov. 12, 2025, 04:19 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media President Bill Zadeits talks with Kroshus about his career journey in ... Listen Here
Used Car Week Hall of Famer Kathy Ruble of Ally
Tuesday, Nov. 11, 2025, 07:52 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here

Partisan vote advances House measure to change CFPB budget process

money 1
Thursday, Apr. 14, 2016, 03:04 PM
SubPrime Auto Finance News Staff
A vivid partisan divide appeared again this week when the U.S. House Financial Services Committee approved a measure that would place budget appropriations for the Consumer Financial Protection Bureau within Congressional jurisdiction. The committee approved what is being called the ... [Read More]

10 vehicles for people with tax refunds & tight budgets

2012 Ford Fusion
Wednesday, Apr. 13, 2016, 04:00 PM
SubPrime Auto Finance News Staff
Findings from a recent Autotrader survey released on Wednesday showed 70 percent of respondents expect to receive a tax refund this year. Perhaps better yet for dealerships and finance companies, Autotrader’s survey conducted in February that included 550 U.S. adults ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

The ART of AI: A Dealership Guide to Deploying AI With Confidence

AI is rapidly reshaping dealership operations, yet most stores are still in early experimentation mode. According to the Cox Automotive...
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Turn Battery Risk Into Trust: Your Edge in the Used EV Market

Independent battery health certification is the new gold standard for used EV dealerships. The latest AVILOO detect Magazine reveals how...
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How GMs Start Their Day with Mastermind & Make More Deals

Successful General Managers know that how you start the day sets the tone for dealership performance. This checklist outlines the...
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Rising Repos, Shrinking Margins: A Guide to Reduce Collections and Servicing Costs with AI Agents

As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...
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Out-of-State Titling: 12 Steps Every Title Clerk Should Follow (The Easy Way)

Out-of-state titling isn’t easy. With every state having different DMV requirements, document packets, and deadlines, it’s easy for mistakes to...
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Free Guide: How Smart Dealers Can Profit from Customer Car Insurance

Turn Customer Auto Insurance into Dealership Profit If you're not profiting from auto insurance in your dealership, now’s the time...
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Go In-House With Your Photos

Your Photo Vendor Didn’t Show Up Again? Let’s Fix That. Stop relying on vendors and start owning your inventory. This...
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The Auto Dealer’s Complete Checklist for Evaluating AI

The Auto Dealer’s Complete Checklist for Evaluating AI highlights key questions dealership leaders should ask technology partners during the selection...
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Finance technology roundup: 4 enhancements involving 5 providers

sideview cars on the road
Wednesday, Apr. 13, 2016, 03:56 PM
SubPrime Auto Finance News Staff
A wide array of technology providers in the auto finance space — including EFG Companies, F&I Express, RouteOne, National Credit Center and eLEND Solutions — all recently either formed new partnerships or rolled out enhancements to their solutions aimed at ... [Read More]

DRN secures settlement with 3 former affiliates over agreement breach

gavel and documents
Tuesday, Apr. 12, 2016, 03:49 PM
SubPrime Auto Finance News Staff
In a matter associated with intellectual property and information security, Digital Recognition Network announced on Tuesday that the company has entered into a settlement agreement to resolve the litigation accusing four repossession agencies of breaching their license agreements with DRN, ... [Read More]

How recent subprime trends might impact availability

subprime clouds
Monday, Apr. 11, 2016, 03:45 PM
Nick Zulovich, Senior Editor
The volume of auto-financing discussion — especially in the subprime space — Cox Automotive chief economist Tom Webb entertained at recent industry events and his quarterly conference call prompted him to ask a question. Recent analyst reports from Fitch Ratings ... [Read More]

GM Financial breaks ground for new San Antonio facility

GM financial ground breaking for SPN
Monday, Apr. 11, 2016, 03:42 PM
SubPrime Auto Finance News Staff
General Motors Financial broke ground on Monday for its new financial servicing center in San Antonio during a ceremony that featured several notable city, county and state officials and community leaders as speakers, including Gov. Greg Abbott. The company’s newest ... [Read More]

Cordray defends how CFPB disperses restitution

Cordray at senate hearing for SPN
Friday, Apr. 8, 2016, 03:34 PM
Nick Zulovich, Senior Editor
The sparring between lawmakers and the Consumer Financial Protection Bureau’s Richard Cordray continued on Thursday when the director offered his semiannual report to the U.S. Senate Banking Committee. What has been a source of much consternation percolating from the upper ... [Read More]

Why used-car leasing makes sense for Ally — and industry

leasing
Thursday, Apr. 7, 2016, 09:39 PM
Joe Overby, Staff Writer
If you want get a sense of why Ally Financial decided to roll out a product specifically for used-car leasing, consider the statistics from Experian Automotive, says Tim Russi, Ally’s president of auto finance. You may find that the numbers ... [Read More]

Moody’s: Smaller lenders pulling down subprime auto ABS performance

money car
Thursday, Apr. 7, 2016, 02:32 PM
SubPrime Auto Finance News Staff
Moody’s Investors Service not only spotted the trend but pinpointed seven different finance companies that might be causing the softening performances in U.S. subprime auto asset-backed securities during the past few years. Analysts indicated in a report released on Thursday that ... [Read More]

Senate hearing considers impacts of CFPB presence

capitol hill for spn story
Wednesday, Apr. 6, 2016, 03:57 PM
Nick Zulovich, Senior Editor
In advance of Richard Cordray’s semiannual appearance before the U.S. Senate Banking Committee, lawmakers from Congress’ upper chamber conducted a hearing on Tuesday dubbed “Assessing the Effects of Consumer Finance Regulations,” where the primary topic was Consumer Financial Protection Bureau ... [Read More]
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