SubPrime Auto Finance News Staff

Key findings of BillingTree’s sixth annual Operations and Technology Survey involving collections, recoveries and more, are showing just how much of an impact all of the widespread changes at the Consumer Financial Protection Bureau are leaving on service providers. For the first time in the history of the... Read More

SubPrime Auto Finance News Staff

Auto finance defaults are back below the 1-percent level for the first time this year, halting a stretch above that level dating back to last August. This week, S&P Dow Jones Indices and Experian released data through April for the S&P/Experian Consumer Credit Default Indices, and the auto segment dropped 6... Read More

Nick Zulovich, Senior Editor

The 2013 indirect auto lending guidance from what was previously called the Consumer Financial Protection Bureau now is officially off the books. On Monday, President Trump signed into law a bipartisan Congressional resolution disapproving a rule that was in the form of guidance issued by the regulator that now calls... Read More

SubPrime Auto Finance News Staff

The latest information from Equifax reinforced the depth at which finance companies are backing off in their originations within the subprime space. Equifax recently shared its observations of auto finance originations through January. Through that juncture, analysts found that 19.2 percent of retail installment sales... Read More

SubPrime Auto Finance News Staff

National Automotive Finance Association board member Joel Kennedy leveraged his experience and expertise into a position with a consulting firm broadening its scope into consumer finance. Spinnaker Consulting Group, a national boutique professional services consultancy based in Richmond, Va., will expand its services... Read More

SubPrime Auto Finance News Staff

Don Oliver went into retirement for about a year until he was recently lured back into the vehicle service contract administration business. RoadVantage, one the fastest-growing providers of F&I programs for the automotive industry, announced the addition of Oliver as its senior vice president of... Read More

AuSM unveils launch of Auto Fin Journal

SubPrime Auto Finance News Staff

AuSM (CMG), publishers of AuSM and SubPrime Auto Finance News, and producers of Used Car Week, the Automotive Intelligence Summit and AuSM Canada — as well as additional leading auto industry events and media — has announced the launch of a new media property called the... Read More

SubPrime Auto Finance News Staff

TransUnion is putting more resources into fraud prevention. On Friday, TransUnion said it has agreed to acquire iovation, one of the most advanced providers of device-based information in the world, strengthening its position in fraud and identity management. While financial terms were not released, the company... Read More

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