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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

9 regulators propose rule to standardize data submitted to federal financial agencies

Wednesday, Aug. 7, 2024, 02:53 PM
SubPrime Auto Finance News Staff
Last week, the Consumer Financial Protection Bureau and eight other federal financial regulatory agencies announced a proposed rule to establish data standards for certain information collections submitted to financial regulatory agencies. Officials said the proposal would promote interoperability of financial ... [Read More]

OneMain Financial to leverage Pagaya Technologies for underwriting & more

LCT teams with AKUVO to streamline loan refunds
Wednesday, Aug. 7, 2024, 12:37 PM
SubPrime Auto Finance News Staff
Pagaya Technologies and OneMain Financial announced a new partnership on Tuesday with the goal of offering consumers responsible access to credit. Through this partnership, OneMain’s nonprime auto finance business will leverage Pagaya’s technology to support the company’s ability to serve ... [Read More]

SAFCO cites CFPB data to create rebranding initiative

Wednesday, Aug. 7, 2024, 12:36 PM
SubPrime Auto Finance News Staff
Southern Auto Finance Co. (SAFCO) used research from the Consumer Financial Protection Bureau to craft and deploy its rebranding initiative to expand credit access for all consumers, regardless of their credit history. The provider of subprime auto financing and other ... [Read More]

What’s the Sahm Rule? Are we already in a recession? 3 economists respond

Tuesday, Aug. 6, 2024, 10:57 AM
Nick Zulovich, Senior Editor
Last week, ADP Research Institute chief economist Nela Richardson said, “If inflation goes back up, it won’t be because of labor.” But the ongoing labor situation might be giving a clear indication the economy already is in a recession, potentially ... [Read More]

LegalShield’s Consumer Stress Legal Index dips in June

Monday, Aug. 5, 2024, 11:47 AM
SubPrime Auto Finance News Staff
While also extrapolating its data to make a presidential election prediction, LegalShield offered an update on its Consumer Stress Legal Index (CSLI), which dipped a bit in June. Based solely on consumer inquiries seeking legal assistance in June, LegalShield reported ... [Read More]

CarShield settles FTC charges for $10M, to halt celebrity endorsements

Friday, Aug. 2, 2024, 10:47 AM
SubPrime Auto Finance News Staff
A vehicle service contract provider struck out with the Federal Trade Commission this week. According to a news release, NRRM, which does business as CarShield, along with American Auto Shield (AAS), will pay $10 million to the FTC to settle ... [Read More]

Fed continues with ‘risky strategy’ in keeping interest rates unchanged

Thursday, Aug. 1, 2024, 10:37 AM
Nick Zulovich, Senior Editor
The Federal Reserve kept interest rates unchanged on Wednesday, which economic experts projected since policymakers haven’t made an adjustment following eight consecutive opportunities. But experts are also emphasizing that new data is prompting the Fed to lower the rate from ... [Read More]

Chapman Auto Group partners with DriveItAway to put ‘turn-downs’ in vehicles

Wednesday, Jul. 31, 2024, 01:00 PM
SubPrime Auto Finance News Staff
The newest relationship forged by DriveItAway Holdings definitely has the feel of the city famous for cheesesteaks and the Liberty Bell. To close July, the company that offers “micro-lease to purchase” technology announced it is partnering with the Chapman Auto ... [Read More]

EFG: Dealers need to focus on controllable parts of their businesses

Wednesday, Jul. 31, 2024, 11:47 AM
SubPrime Auto Finance News Staff
EFG Companies sees some market strength and positive economic and consumer trends. But the provider of protection products acknowledged there are ongoing vehicle price concerns and lingering inflation coupled with the heightened political climate. EFG said those are ingredients that ... [Read More]

Weltman celebrates opening of new offices near Clevelend

Wednesday, Jul. 31, 2024, 11:44 AM
SubPrime Auto Finance News Staff
Weltman, Weinberg & Reis Co. hosted a ribbon-cutting ceremony last week to celebrate the opening of its new offices near Cleveland. Gregory Kurtz, the mayor of Independence, Ohio, along with members of the city council, joined the festivities that also ... [Read More]

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