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
Average rates on refinancing rise 15 basis points, but remain lower than a year ago
Friday, Apr. 22, 2022, 02:39 PM
SubPrime Auto Finance News Staff
While Cox Automotive recently reported that auto credit availability still remains at a record reading, RateGenius indicated another part of auto financing remains pretty healthy, too. The platform recently released its monthly Auto Refinance Rate Report revealing the current average ... [Read More]
Auto credit availability remains at record readings
Thursday, Apr. 21, 2022, 03:43 PM
Nick Zulovich, Senior Editor
There might not be a robust amount of used and new vehicles available to retail, but access to credit to fuel originations and deliveries appears to be quite plentiful. For the second month in a row, the Dealertrack Credit Availability ... [Read More]
NAF Association highlights agenda for annual Non-Prime Auto Financing Conference
Wednesday, Apr. 20, 2022, 03:11 PM
SubPrime Auto Finance News Staff
Michael Benoit, Klaus Entenmann, Amy Martin and Jonathan Smoke represent just a sampling of the experts scheduled to appear during the 26th annual Non-Prime Auto Financing Conference hosted by the National Automotive Finance Association beginning on June 1 in Plano, ... [Read More]
Strong assertions follow CFPB lawsuit filing against TransUnion
Tuesday, Apr. 19, 2022, 02:30 PM
SubPrime Auto Finance News Staff
Both the Consumer Financial Protection Bureau and TransUnion used strong language in statements last week, as the regulator filed a lawsuit against the credit bureau, two of its subsidiaries, and an executive that the company said is no longer with ... [Read More]
Exeter highlights new dealer portal, general counsel
Monday, Apr. 18, 2022, 04:17 PM
SubPrime Auto Finance News Staff
Along with naming a new general counsel to fill a void created by retirement, Exeter Finance recently launched its new, comprehensive dealer portal. The finance company that specializes in non-prime and subprime paper highlighted that its portal now available nationwide ... [Read More]
APCO Holdings promotes internal executive to be SVP & CIO
Monday, Apr. 18, 2022, 04:15 PM
SubPrime Auto Finance News Staff
APCO Holdings recently promoted one of its executives who has been with the provider and administrator of F&I products and home to the EasyCare and GWC Warranty brands for more than 15 years. Ascending into the role of senior vice ... [Read More]
Ally & TMCF now accepting applicants for Moguls in the Making
Monday, Apr. 11, 2022, 03:27 PM
SubPrime Auto Finance News Staff
Applications for a college-student competition cited by Fast Company as a reason Ally Financial ranked sixth on its 2021 list of Best Workplaces for Innovators — which recognizes companies that foster creative cultures — recently got in motion. Ally Financial ... [Read More]
TransUnion finalizes Verisk acquisition
Friday, Apr. 8, 2022, 03:11 PM
SubPrime Auto Finance News Staff
TransUnion wrapped up the workweek by announcing on Friday that it has completed the acquisition of Verisk Financial Services, the financial services business unit of Verisk, for $515 million. The credit bureau first revealed it was making this move in ... [Read More]
Dasceq’s 4 top collections trends for 2022
Friday, Apr. 8, 2022, 03:08 PM
SubPrime Auto Finance News Staff
The first quarter of 2022 just finished, but Dasceq remains intrigued by a McKinsey survey from December 2020 that indicated almost 10% more people will use mobile banking technologies after the COVID-19 pandemic. The firm that specializes accounts receivables and ... [Read More]
TransUnion study spots trends involving more than 45M Americans who are either credit unserved or underserved
Thursday, Apr. 7, 2022, 03:41 PM
SubPrime Auto Finance News Staff
The newest global study by TransUnion showed how much credit is being utilized, especially by individuals classified as either credit unserved or underserved. TransUnion reported on Thursday that more than 45 million consumers are considered to be either credit unserved ... [Read More]