Non Prime Times | Non-Prime Times provides exceptional takeaway content, no rehashed news.

Finance and Insurance

Safeguarding Auto Dealers and Subprime Lenders: A Comprehensive Layered Approach to Combat Synthetic Identity Fraud

Sharla Godbehere - April 22, 2024

Credit Process

Where Lenders See Opportunities and Challenges in Adopting More Automation for their Operations

Compliance

The FTC’s CARS Rule and Auto Creditors: Why Covered Dealers Are Not the Only Businesses that Need to Worry About Compliance

Trends

Why Today’s Leading Auto Lenders are Leveraging AI-Driven Document Intelligence

TECHNOLOGY

How Sub-prime Auto Lenders Can Have Success Digitizing their Securitized Collateral Assets

Tim Yalich - February 26, 2024

In the ever-evolving landscape of financial markets, the auto securitization sector stands at the intersection of technological innovation and traditional finance. One of the...

Next-Level Accuracy: The Impact of AI on OCR in Auto Loan Underwriting

Jessica Gonzalez - December 13, 2023

Optical Character Recognition or OCR is a technology enabling computers to “read” text off documents. It is usually priced per page and is often...

LEGAL

The Importance of Expanding Personal Financial Data Rights for Consumers

Tom Oscherwitz - February 6, 2024

The Consumer Financial Protection Bureau (CFPB) is rolling out an important new rule to give consumers access to their financial data. It’s called the...

Legal

CFPB Issues Guidance Warning Creditors Using AI Not to Merely “Check the Box” on Adverse Action Forms

Frank Bishop - November 9, 2023

On September 19, 2023, the Consumer Financial Protection Bureau issued Consumer Financial Protection Circular 2023-03 that expressly addresses the legal compliance requirements imposed by...

INDUSTRY

How Much of the Industry Has Digitized their Back Office Entering the Final Stretch of 2023

Tim Yalich - December 5, 2023

As the automotive industry looks at the final stretch of 2023, it is clear that there continues to be progress made in the overall...

Industry

How End-of-Year-Sales May Impact Auto Finance Digital Transformation Strategies

Tim Yalich - September 25, 2023

Following a challenging sales environment in 2022, a noticeable recovery in the automotive sector has stabilized in 2023. This year, even as supply chain...

UPCOMING EVENTS

COMPLIANCE

The FTC’s CARS Rule and Auto Creditors: Why Covered Dealers Are Not the Only Businesses that Need to Worry About Compliance

Jean Noonan -

The Federal Trade Commission's final trade regulation rule is designed to transform the vehicle...

Compliance

CFPB Files Lawsuit Against BHPH Auto Servicer

Nicole Munro -

Hold onto your hats, folks—it’s getting rough out there! Citing the increased cost of...

PORTFOLIO MANAGEMENT

Sponsored by:Southern Capital Finance Group

Portfolio Management

Sense and Nonsense About Credit Models – Part II

Daniel Parry -

A curious trend that has become more pronounced since the pandemic is that many...

Portfolio Management

Sense and Nonsense About Credit Models – Part I

Daniel Parry -

Auto finance, as we know it today, really began in the late 1980s with...

AI

Smart Loans: How Artificial Intelligence is Reshaping Applicant Verifications for Subprime Lenders

Adine Deford -

In an industry that has embraced technological evolutions, subprime lenders and their dealers are...

The Case for Vertical AI Models

Tom Oscherwitz -

AI researchers from Google, Berkeley, and other universities recently engineered what they described as...

CREDIT PROCESS

Where Lenders See Opportunities and Challenges in Adopting More Automation for their Operations

Adine Deford -

Auto lenders for both prime and subprime audiences recognize the need and importance advanced...

Credit Process

Lending Without Stipulations: Empowering More Sub-prime Lenders to Enable Greater Credit Access

Adine Deford -

While everyone wants a faster, more digital loan application process, those with less money...

TRENDS

Why Today’s Leading Auto Lenders are Leveraging AI-Driven Document Intelligence

Tim Yalich and Jessica Gonzalez -

As the automotive industry evolves, so do the challenges facing auto lenders. In today's...

Trends

Association

Payment and Collections

Finance and Insurance

Business Strategies

Success through Persistent Patience and Strategic Slowness

Tom Allanson -

It’s the beginning of a new year. And our thoughts are on evaluating accomplishments...