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
APCO Holdings highlighted among Atlanta’s 50 largest private companies
Friday, Oct. 15, 2021, 04:01 PM
SubPrime Auto Finance News Staff
APCO Holdings can say it’s one of the most successful firms in the Southeast’s largest market since now the F&I provider has an accolade to back up the assertion. According to a news release, the Atlanta Business Chronicle has named ... [Read More]
Allied Solutions acquires majority interest in TrxNow with eye on Canada
Thursday, Oct. 14, 2021, 02:05 PM
SubPrime Auto Finance News Staff
The presenting sponsor of Repo Con at Used Car Week made a major move a month before the industry gathers in Las Vegas. Allied Solutions, one of the largest providers of insurance, financing, risk management and data enabled products to ... [Read More]
PODCAST: Series on digital collections begins with Dasceq’s Abhishek Goel
Wednesday, Oct. 13, 2021, 03:51 PM
SubPrime Auto Finance News Staff
This episode is the first in a series of Auto Remarketing Podcasts featuring Dasceq founder and chief executive officer Abhishek Goel and focusing on the potential digital technology has to revamp collections. During the opening episode, Goel describes how technology ... [Read More]
Nova Credit & Westlake align to leverage credit data from foreign countries
Wednesday, Oct. 13, 2021, 03:34 PM
SubPrime Auto Finance News Staff
On Tuesday, Nova Credit and Westlake Financial launched a joint venture designed to make auto financing available to the more than 1 million immigrants, or “newcomers,” who arrive in the U.S. every year. More than 1 million immigrants arrive in ... [Read More]
VantageScore names Tavares as president & CEO
Wednesday, Oct. 13, 2021, 03:28 PM
SubPrime Auto Finance News Staff
VantageScore Solutions — which develops consumer credit scoring models that combine the need for both financial inclusivity and dependable predictiveness across all scoring ranges — appointed a new president and chief executive officer on Tuesday. Taking on this role is ... [Read More]
PODCAST: Discussing subprime financing & EVs with RVI Group
Tuesday, Oct. 12, 2021, 03:57 PM
SubPrime Auto Finance News Staff
This episode of the Auto Remarketing Podcast delved into a topic so intricate that the conversation included two experts from RVI Group. Wei Fan, senior vice president, passenger vehicles, and Dave McKay, vice president of business development and sales, tackled ... [Read More]
KBRA recaps sentiments shared at Structured Finance Association’s annual conference
Monday, Oct. 11, 2021, 03:50 PM
SubPrime Auto Finance News Staff
Kroll Bond Rating Agency (KBRA) offered a recap of the Structured Finance Association’s annual SFVegas conference, which unfolded last week for the first time since before the pandemic arrived. [Read More]
TurboPass now available to more stores via DealerCenter
Thursday, Oct. 7, 2021, 06:32 PM
SubPrime Auto Finance News Staff
TurboPass initially formed a relationship with Westlake Financial last summer to help the finance company and its network of dealerships during the underwriting process. Operating now as NowLake Technology, TurboPass is even more entrenched with that company. In a move ... [Read More]
Risk Theory Dealer Advisors & TrueRisk Advisors merge to form single F&I, P&C agency
Thursday, Oct. 7, 2021, 06:30 PM
SubPrime Auto Finance News Staff
This week, two existing companies merged to form one the largest independent insurance agencies that offer products exclusively for dealers in F&I, as well as property and casualty (P&C) coverage and employee benefits. Risk Theory Dealer Advisors and TrueRisk Advisors ... [Read More]
S&P Global Market Intelligence dissects rising auto claims costs
Thursday, Oct. 7, 2021, 03:53 PM
SubPrime Auto Finance News Staff
Finance companies know risk has to be absorbed somewhere; thus, that’s when insurance providers come into the picture. And S&P Global Market Intelligence’s annual U.S. Auto Insurance Market Report projected a dollar figure on just how much that risk is ... [Read More]