USED CAR WEEK 2023 PODCAST: Boosting repo percentages via compliance
Wednesday, Jan. 17, 2024, 12:54 PM
COMMENTARY: Why lenders should leverage the power of multi-channel digital communications
Thursday, Jan. 18, 2024, 10:38 AM
PODCAST: Tackling complaints with Hudson Cook’s Patty Covington
Wednesday, Jan. 17, 2024, 12:05 PM
FTC & Wisconsin AG penalize dealer over F&I activities
Wednesday, Oct. 25, 2023, 11:09 AM
SubPrime Auto Finance News Staff
A Wisconsin auto dealer group is now sustaining the consequences of what authorities deemed to be discriminatory F&I activities. The Federal Trade Commission and the Wisconsin attorney general said on Tuesday they are taking action against Rhinelander Auto Center, its ... [Read More]
700Credit integrates with AutoRaptor for driver’s license authentication
Wednesday, Oct. 25, 2023, 11:07 AM
SubPrime Auto Finance News Staff
On Tuesday, 700Credit announced an integration alliance with AutoRaptor to help dealers get their buying customers through the financing process. With this enhanced alliance, AutoRaptor has integrated the 700Credit driver’s license authentication platform, QuickScan, into its CRM to provide a ... [Read More]
How auto finance companies are likely to handle ‘further deterioration’
Tuesday, Oct. 24, 2023, 10:27 AM
SubPrime Auto Finance News Staff
While also looking closer at the subprime segment as well as credit unions, S&P Global Ratings acknowledged five primary ingredients likely will create “further deterioration” of outstanding auto finance portfolios. However, firm experts see banks, captives and other providers being ... [Read More]
Intellaegis taps former CoreLogic exec to be managing director of partnerships
Monday, Oct. 23, 2023, 11:17 AM
SubPrime Auto Finance News Staff
Intellaegis announced last week that Walter Allen has joined the SaaS technology company as managing director of partnerships, already showing to be pivotal in cultivating and developing new business opportunities within the financial services and public sector industries. The company ... [Read More]
Socure details depth of first-party fraud
Monday, Oct. 23, 2023, 11:17 AM
SubPrime Auto Finance News Staff
Dealerships and finance companies likely are quite aware of fraud committed by organized individuals and rings of experts who steal credit information to create synthetic IDs. But new research from Socure highlighted the depth of first-party fraud being done by ... [Read More]
After regulators again talk ‘junk fees,’ Ignite suggests getting ‘your house in order’
Friday, Oct. 20, 2023, 10:14 AM
SubPrime Auto Finance News Staff
Ignite Consulting Partners reiterated some best practices this week since the Consumer Financial Protection Bureau and the Federal Trade Commission intensified their campaign of weeding out what they deem to be “junk fees.” Firm experts cautioned that ignoring what regulators ... [Read More]
KPA acquires ComplyNet with eyes on all-in-one dealership compliance solution
Thursday, Oct. 19, 2023, 10:21 AM
SubPrime Auto Finance News Staff
Automotive industry M&A activity continued on Wednesday with an announcement indicating KPA has acquired ComplyNet. KPA, a provider of environmental health, and safety (EHS) as well as F&I solutions, explained why it made this move to acquire ComplyNet which provides ... [Read More]
Weltman’s Ask a Pro Series continues with session on replevins
Wednesday, Oct. 18, 2023, 01:06 PM
SubPrime Auto Finance News Staff
The next educational webinar from Weltman, Weinberg & Reis Co., will focus on replevins and preparing your recovery strategy for 2024. It’s all part of the Weltman’s Ask a Pro Series featuring shareholders Amy Clum Holbrook and Allen Reis and ... [Read More]
Top 15 models connected with title loans
Wednesday, Oct. 18, 2023, 11:47 AM
SubPrime Auto Finance News Staff
California-based LoanMart recently shared an intriguing list based on its quarterly activity connected with its title loan business. LoanMart said it generated 36% growth in the third quarter compared to the first quarter, based newly serviced loan volume associated with ... [Read More]
LCT partners with Blue Elk Advisors to help with aftermarket product cancellations
Wednesday, Oct. 18, 2023, 11:47 AM
SubPrime Auto Finance News Staff
Lender Compliance Technologies (LCT), which offers a platform for automotive finance compliance and aftermarket product cancellations, announced a partnership with aftermarket product refund experts Blue Elk Advisors. LCT and Blue Elk Advisors highlighted the partnership is geared to offer auto ... [Read More]