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
PODCAST: Recapping technology development & execution path with 2 insightLPR executives
Wednesday, Jul. 13, 2022, 03:26 PM
SubPrime Auto Finance News Staff
How a piece of technology goes from an initial idea, through development to a product launch can be a winding path. John Nethery and Oscar Nunez shared their personal experiences on those past and present journeys for this episode of ... [Read More]
KBRA spots notable non-prime credit deterioration
Tuesday, Jul. 12, 2022, 02:14 PM
SubPrime Auto Finance News Staff
The newest data and analysis from Kroll Bond Rating Agency (KBRA) might be reinforcing the observations and comments made by finance company executives and repossession agents during the North American Repossessors Summit a little less than a month ago. KBRA ... [Read More]
Petersen joins ADCO board of directors
Monday, Jul. 11, 2022, 03:15 PM
SubPrime Auto Finance News Staff
The newest board member of the Association of Dealership Compliance Officers (ADCO) is intimately familiar with what dealers need to do to satisfy demands placed by state and federal regulators. ADCO executive director Linda Robertson recently announced that Shaun Petersen, ... [Read More]
New CBA president & CEO to lead during ‘historic transformation’
Monday, Jul. 11, 2022, 03:12 PM
SubPrime Auto Finance News Staff
Last week marked the beginning of Lindsey Johnson starting her time as the new president and chief executive officer of the Consumer Bankers Association (CBA). Michelle Lee of Wells Fargo is chair of the CBA board of directors and led ... [Read More]
ARA responds to potential ‘edict’ involving repossessions & liability
Thursday, Jul. 7, 2022, 01:49 PM
SubPrime Auto Finance News Staff
Having just established new leadership, the American Recovery Association is continuing its proactive approach to serve its members, highlighting the potential pitfalls of a potential “edict” recently made by an unnamed auto finance company. The entire matter stems from recent ... [Read More]
Sincro chooses CreditMiner as preferred partner for dealer websites
Wednesday, Jul. 6, 2022, 02:25 PM
SubPrime Auto Finance News Staff
There now is another way to attach soft-pull credit capabilities onto your dealership website. Automotive digital marketing provider Sincro, an Ansira company, announced last week that it has designated CreditMiner as a preferred partner within its website platform. According to ... [Read More]
PODCAST: Alex ‘SkipGuru’ Price on post-pandemic changes in human behavior
Wednesday, Jul. 6, 2022, 02:18 PM
SubPrime Auto Finance News Staff
The pandemic and its subsequent aftermath gave Alex "SkipGuru" Price another opportunity to examine human behavior and its application toward skip-tracing and vehicle repossession. The director of training and development for LocateSmarter, a data and analytics company, also explained how new ... [Read More]
US Chamber & 3 banking associations push back against CFPB’s changes to UDAAP manual
Tuesday, Jul. 5, 2022, 02:02 PM
SubPrime Auto Finance News Staff
The American Bankers Association, the Consumer Bankers Association, the Independent Community Bankers Association and the U.S. Chamber of Commerce collaborated to compile a 21-page white paper and sent it to the Consumer Financial Protection Bureau (CFPB). The paper made the ... [Read More]
APCO Holdings promotes Volatile to SVP of EasyCare
Friday, Jul. 1, 2022, 03:03 PM
SubPrime Auto Finance News Staff
APCO Holdings finished the first half of 2022 by promoting one of its executives with an eye toward more growth. The provider and administrator of automotive F&I products and home to the EasyCare and GWC Warranty announced this week that ... [Read More]
Edmunds: Average amount financed for used vehicles jumps by more than $4,400
Friday, Jul. 1, 2022, 02:56 PM
SubPrime Auto Finance News Staff
After looking at the new data, it’s probably understandable why Edmunds senior manager of insights Ivan Drury said, “buying a car in 2022 is a whole different ball game.” Edmunds reported the average amount financed for used vehicles delivered in ... [Read More]