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
SCUSA gives $35M grant to ‘bridge the digital divide’
Monday, Jan. 17, 2022, 04:30 PM
SubPrime Auto Finance News Staff
Santander Consumer USA is looking to be a financial resource not just in vehicle deliveries. Coinciding with the Martin Luther King Holiday, SCUSA announced on Monday that it is partnering with technology and community nonprofit Comp-U-Dopt to help “bridge the ... [Read More]
Experian & Oliver Wyman see path to score 96% of credit applicants
Monday, Jan. 17, 2022, 04:28 PM
SubPrime Auto Finance News Staff
It’s a challenge non-prime and subprime auto finance companies face regularly inside their underwriting departments. An application lands from a consumer with a thin credit file or one who isn’t scored at all. Experian and Oliver Wyman recently found expanded ... [Read More]
Exeter reveals CFO succession plan
Friday, Jan. 14, 2022, 03:51 PM
SubPrime Auto Finance News Staff
After the closing of the company’s sale to an investor group led by Warburg Pincus as well as an expansion of its origination strategy last month, more significant changes at Exeter Finance came late on Thursday. The non-prime auto finance ... [Read More]
StoneEagle promotes another exec, this time to be chief customer officer
Friday, Jan. 14, 2022, 03:43 PM
SubPrime Auto Finance News Staff
For the second time this week, StoneEagle elevated one of its internal executives into an expanded leadership role. On Friday, the provider of F&I and service metrics for the past 35 years named Kathy Burns as its new chief customer ... [Read More]
PODCAST: Talking the economy & credit unions with NAFCU’s Curt Long
Thursday, Jan. 13, 2022, 02:25 PM
SubPrime Auto Finance News Staff
Curt Long, chief economist and vice president at the National Association of Federally-Insured Credit Unions (NAFCU), put the general economy into car terms, explaining in this episode of the Auto Remarketing Podcast if the economy is like a car that’s ... [Read More]
Car Capital opens 2022 with 2 new financial resources
Wednesday, Jan. 12, 2022, 04:17 PM
SubPrime Auto Finance News Staff
Car Capital began 2022 by staying on the brisk development trajectory it established when launching last spring. The new auto-finance technology company that strives to get any deal bought no matter the consumer credit background closed on another round of ... [Read More]
PODCAST: Dangerous and disgusting scenes repo agents face nowadays
Wednesday, Jan. 12, 2022, 04:06 PM
SubPrime Auto Finance News Staff
Bryanna Cox takes listeners of the Auto Remarketing Podcast into one of the most difficult, yet vital, parts of the automotive industry. The vice president of Asset Resolutions, a full-service repossession and recovery agency in Kingwood, Texas, described how repossession ... [Read More]
Auto financing availability ticks slightly higher to finish 2021
Tuesday, Jan. 11, 2022, 03:17 PM
SubPrime Auto Finance News Staff
Well, perhaps auto financing is starting to look more like it did before the pandemic wreaked havoc on so much of our daily lives. Cox Automotive said that access to auto credit expanded slightly in December, based on the Dealertrack Auto ... [Read More]
AutoPayPlus hires another former EFG Companies executive
Monday, Jan. 10, 2022, 04:34 PM
SubPrime Auto Finance News Staff
Another executive who spent time at EFG Companies now is a part of the leadership team at AutoPayPlus by US Equity Advantage. The provider of biweekly payment processing announced through a news release on Monday that Hollis Goode has joined ... [Read More]
StoneEagle elevates VP of product to be next COO
Monday, Jan. 10, 2022, 04:32 PM
SubPrime Auto Finance News Staff
On Monday, StoneEagle announced the promotion of one of its executives to be its new chief operating officer. Selected for this role for the provider of automotive menu, F&I and service metrics is Damar Christopher, who will work cross-functionally to ... [Read More]