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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

NAF Association highlights success of first C-Suite Retreat

Friday, Sep. 20, 2024, 10:18 AM
SubPrime Auto Finance News Staff
The National Automotive Finance Association celebrated the success of its newest in-person event — the C-Suite Retreat in San Antonio. The association highlighted its private gathering offered a rare opportunity for CEOs and senior leaders to collaborate on addressing the ... [Read More]

Experts project potential impact in auto after Fed’s 50-basis-point rate cut

Thursday, Sep. 19, 2024, 10:24 AM
Nick Zulovich, Senior Editor
The interest-rate cut by the Federal Reserve finally came on Wednesday afternoon, and it was more than what many experts anticipated. Policymakers trimmed the federal funds rate by 50 basis points. But, unfortunately, don’t expect an avalanche of car buyers ... [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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ARA reveals new executive director & director of commercial operations  

Wednesday, Sep. 18, 2024, 02:08 PM
SubPrime Auto Finance News Staff
American Recovery Association (ARA) now has more professionals in place to serve its membership of recovery and remarketing professionals. Cherokee Media Group previously learned ARA promoted Todd Squires to be its new executive director. And then the association announced on ... [Read More]

SAFCO makes another move, hiring new SVP of account services

new hire 2
Wednesday, Sep. 18, 2024, 10:58 AM
SubPrime Auto Finance News Staff
Southern Auto Finance Co. (SAFCO) continued its string of notable personnel and strategic moves on Tuesday. The latest action is hiring Noel Ortega as its new senior vice president of account services. Prior to joining SAFCO, Ortega served as senior ... [Read More]

Likely interest-rate cut arriving in soft economic environment revealed in AFSA credit index

Tuesday, Sep. 17, 2024, 11:38 AM
Nick Zulovich, Senior Editor
An interest-rate cut is widely expected to arrive when the Federal Reserve announces its decision on Wednesday. But the current environment described by economic experts and research projects from the American Financial Services Association and KeyBank illustrated the significant headwinds ... [Read More]

Santander unveils expanded auto finance program to support ‘backbone of the US economy’

Glenview expands services with bulk loan buying
Monday, Sep. 16, 2024, 10:56 AM
SubPrime Auto Finance News Staff
At a time when many auto finance companies are pulling back on credit availability, Santander Consumer USA rolled out an expanded program on Monday that’s tailored specifically to applicants who can have a great impact on the entire economy. Santander ... [Read More]

CFPB fines TD Bank nearly $28M over inaccurate information impacting consumer credit reports

TD Bank brings donation total to $1M in response to Middle East conflict
Monday, Sep. 16, 2024, 10:55 AM
SubPrime Auto Finance News Staff
Last week, the Consumer Financial Protection Bureau (CFPB) levied some harsh allegations and nearly $28 million in fines and penalties against TD Bank. The regulator said the bank “repeatedly” shared inaccurate, negative information about its customers to consumer reporting companies, ... [Read More]

Safe-Guard promotes longtime execs to be CFO and chief risk officer

Friday, Sep. 13, 2024, 10:31 AM
SubPrime Auto Finance News Staff
Safe-Guard Products International promoted two professionals who have combined to be with the provider of third-party private label protection products for the automotive, RV, marine, and powersports industries for nearly 20 years. Appointed to be chief financial officer is Joe ... [Read More]

Jehl now CEO and board member for Open Lending

Friday, Sep. 13, 2024, 10:30 AM
SubPrime Auto Finance News Staff
Open Lending Corp. removed the interim tag on Thursday and made Chuck Jehl its CEO and a member of its board of directors, effective immediately. Jehl had served as the company’s interim CEO and chief operating officer since March. Open ... [Read More]

Credit availability slides for fifth straight month

Thursday, Sep. 12, 2024, 11:05 AM
SubPrime Auto Finance News Staff
There might be a lot of callback activity between dealerships and finance companies nowadays since the Dealertrack Credit Availability Index has declined for five months in a row. Cox Automotive reported this week that the index came in at 92.5 ... [Read More]
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