New ValidiFI report reinforces importance of spotting high-risk indicators of ACH transactions
Wednesday, Sep. 25, 2024, 11:10 AM
LegalShield: Spiking consumer financial stress 'not a fluke'
Thursday, Sep. 26, 2024, 11:32 AM
Survey: Despite notable lack of emergency funds, majority of Americans feel confident about handling unexpected expenses
Tuesday, Sep. 24, 2024, 10:28 AM
Open Lending stretches terms to 84 months
Monday, Sep. 19, 2022, 03:47 PM
SubPrime Auto Finance News Staff
Open Lending is stretching terms to help credit unions book more paper, especially with potential customers who land in the near or non-prime credit tiers. Last week, the lending enablement and risk analytics solutions provider announced it will offer its ... [Read More]
TurboPass adds 2 new board members
Friday, Sep. 16, 2022, 02:43 PM
SubPrime Auto Finance News Staff
TurboPass announced the appointment of two new members to its board of directors this week. Now part of the leadership structure for the fintech firm that helps dealerships and finance companies during the underwriting process are Mark Vazquez, who is ... [Read More]
Launcher reinforces CARFAX integration to boost underwriting
Friday, Sep. 16, 2022, 02:38 PM
SubPrime Auto Finance News Staff
Launcher, a technology provider specializing in originations, recently enhanced its integrated access to CARFAX Vehicle History Reports inside its core product — appTRAKER Loan Origination System — so finance companies have “additional ammo in their artillery.” According to a news ... [Read More]
PODCAST: Why ‘rehashing the deal’ remains valuable F&I tool
Thursday, Sep. 15, 2022, 01:48 PM
SubPrime Auto Finance News Staff
Becky Chernek of Chernek Consulting appeared on the Auto Remarketing Podcast for her monthly visit to discuss F&I strategy. During this episode, Chernek explained why “rehashing the deal” can be a valuable process that can help dealerships, finance companies and ... [Read More]
White paper examines cloud technology for managing consumer debt communications
Wednesday, Sep. 14, 2022, 04:33 PM
SubPrime Auto Finance News Staff
Nordis Technologies recently unveiled a new white paper that asserted cloud-based customer communications management (CCM) technology enables billing and collections firms to keep up with proliferating rules and requirements for how they are allowed to communicate with consumers about delinquent ... [Read More]
Cox Automotive: Auto credit tightens for fourth straight month
Wednesday, Sep. 14, 2022, 03:24 PM
SubPrime Auto Finance News Staff
Cox Automotive spotted a potential reason if your store is having more trouble getting deals bought through your network of finance companies. Access to auto credit declined for the fourth straight month in August, according to the Dealertrack Credit Availability ... [Read More]
Primeritus elevates Conners to be COO
Tuesday, Sep. 13, 2022, 02:44 PM
SubPrime Auto Finance News Staff
The leadership transformation of Primeritus Financial Services continued with an announcement the provider of recovery management, skip-tracing and remarketing shared on Monday. Already with a new chief executive officer and chief financial officer in place, Primeritus said it has promoted ... [Read More]
New EasyCare VSC covers technology, electronic components & safety systems
Monday, Sep. 12, 2022, 03:54 PM
SubPrime Auto Finance News Staff
EasyCare wants to help your dealership customers feel more confident about taking delivery of that vehicle that has some of the latest technology available. On Monday, the APCO Holdings brand introduced TechCare, a new vehicle service contract (VSC) designed exclusively ... [Read More]
Portfolio promotes Cunha to managing director
Friday, Sep. 9, 2022, 01:55 PM
SubPrime Auto Finance News Staff
Portfolio likes the work done by Jim Cunha, so this week the provider of reinsurance and F&I programs to auto, RV and powersports dealers appointed him as a managing director for sales and agent development. The company highlighted Cunha brings ... [Read More]
Prestige hires former Capital One exec as CFO
Friday, Sep. 9, 2022, 01:51 PM
SubPrime Auto Finance News Staff
On Thursday, Prestige Financial Services, a portfolio company of the Larry H. Miller Company, announced the appointment of Pepo Tsvetanov as its new chief financial officer in a move that was effective on Tuesday. According to a news release, Tsvetanov ... [Read More]