Survey: 27% of consumers do not review their credit report annually
Wednesday, Oct. 2, 2024, 10:57 AM
Edmunds: Average amount financed for used cars drops in Q3
Tuesday, Oct. 1, 2024, 10:00 AM
FTC reiterates use of ‘plain language’ associated with regulatory activities
Monday, Sep. 30, 2024, 11:35 AM
RISC offers free driver’s safety course with any purchase
Wednesday, Mar. 2, 2022, 05:22 PM
SubPrime Auto Finance News Staff
RISC is bringing the popular consumer retailing concept of BOGO to the recovery space. The provider compliance oversight and training services to the collateral recovery industry announced this week that each time a customer purchases one Certified Asset Recovery Specialist ... [Read More]
Alviere & AutoPayPlus team up to help consumers & dealers
Wednesday, Mar. 2, 2022, 05:12 PM
SubPrime Auto Finance News Staff
Alviere and AutoPayPlus are collaborating so when consumers maintain their monthly payments on their installment contracts, they can receive a reward to be spent within the dealership’s service drive. It’s part of the offering from Alviere, a leading global embedded ... [Read More]
CFPB renews intensity for finding vehicle-repossession violations
Tuesday, Mar. 1, 2022, 03:32 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau used strong language in a news release Monday upon issuing a compliance bulletin on vehicle repossessions. The CFPB said it is “moving to thwart illegal repossessions in the heated auto market.” The bureau said it ... [Read More]
Calera Capital invests in F&I Sentinel
Monday, Feb. 28, 2022, 04:36 PM
SubPrime Auto Finance News Staff
F&I Sentinel — a leading compliance solutions provider with respect to the financing of F&I products — announced its founders have partnered with Calera Capital, a leading middle-market private equity firm. According to a news release distributed on Monday, terms ... [Read More]
KBRA describes January data as ‘seasonal’
Monday, Feb. 28, 2022, 04:35 PM
SubPrime Auto Finance News Staff
Kroll Bond Rating Agency had the opportunity to use an adjective to describe its latest auto-finance data that’s quite familiar to executives and managers. Analysts included the word “seasonal” when recapping its January indices that are based on information accumulated ... [Read More]
TransUnion launches tools to track BNPL transactions
Friday, Feb. 25, 2022, 02:01 PM
SubPrime Auto Finance News Staff
TransUnion is trying to give auto-finance companies and other lenders and service providers the clearest glimpse possible of how well consumers handle their payments and other credit obligations. As a result, TransUnion introduced its new point-of-sale suite of solutions since ... [Read More]
PODCAST: Importance of vehicle history context in auto finance
Thursday, Feb. 24, 2022, 07:26 PM
SubPrime Auto Finance News Staff
VINData vice president Edie Hirtenstein and LAUNCHER.SOLUTIONS president Nikh Nath join the show to talk about the new partnership between their respective companies. Launcher teamed up with VINData to provide its finance company customers with a deeper view into vehicle ... [Read More]
Experian spots notable jumps in Q4 data
Thursday, Feb. 24, 2022, 02:58 PM
SubPrime Auto Finance News Staff
To use the industry vernacular, Experian’s newest State of the Automotive Finance Market report reinforced how much more money is on the street nowadays. According to Experian’s fourth-quarter report released on Thursday, the average amount financed and monthly payments both jumped significantly ... [Read More]
NARS 2022 update: Theme and award nominations
Wednesday, Feb. 23, 2022, 04:42 PM
SubPrime Auto Finance News Staff
The American Recovery Association (ARA) is looking to honor some of the industry’s best during the annual North American Repossessors Summit (NARS), which will be conducted in a new location with a new theme. Along with seeking speaker submissions and ... [Read More]
Cox Automotive reaches finance-company milestone with titling tool
Wednesday, Feb. 23, 2022, 04:39 PM
SubPrime Auto Finance News Staff
Cox Automotive shared a pair of developments this week connected with Dealertrack. Along with an enhanced integration with 700 Credit, Cox Automotive said Dealertrack reached a new milestone with the addition of its 100th finance company using Dealertrack Accelerated Title. ... [Read More]