Tag: subprime
Experian’s Melinda Zabritski explores findings from Q3 State of Automotive Finance...
Despite vehicle price increases, 30 and 60-day delinquency rates are low, according to Experian’s Q3 State of the Automotive Finance Market report. So, what...
Subprime lending in COVID-19 proves a surprisingly tough balancing act
2020 has offered many surprises over the year. Between the onset of the pandemic causing such a quick economic contraction all the way to the inevitable...
Tips for working with subprime customers today
Your dealership has an established brand of customer. That's not to say you won't sell to anyone who has the money, but you know...
Working with Subprime Shoppers Part of the New Normal?
The US economy will rebound, as it always does. Between today and an eventual stabilization, there are bound to be significant challenges for business...
Selling Your Customer’s Story to the Bank
Some dealerships like to cut corners in order to get a customer approved by the lender. On this week's episode of F&I Today, Becky...
3 Tips for a Smoother Subprime F&I Experience
If your dealership works in the subprime space at all, you already understand the challenges that come with these deals. Tighter restrictions on payment,...
Auto Dealers Stack Deck Against Subprime Woes!
Subprime auto loans have been in the headlines over the past couple of years with concern that we are headed into another credit crisis...
Subprime Blind! Make Your Dealer Accountable
Santander Consumer USA Holdings Inc., one of the biggest subprime auto finance companies, verified income on just eighth percent of borrowers, according to a...
Where your fixed-ops focus should be right now | Subprime Blind!...
On today's CBT Newscast for Tuesday, August 1st, 2017:
Jeff Cowan: Where your fixed-ops focus should be right now
No matter what technology your service drive...
Is Subprime Debt a Systemic Issue for the Auto Industry?
Steve Eisman, Group Fund Manager with Neuberger Berman and the inspiration behind a character from the movie "The Big Short," once said, "We are...