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2015-10-26  SUBPRIME ANALYTICS ANNOUNCES PARTNERSHIP WITH VENCENTRIC, LLC

OCTOBER 23, 2015  ? Today Houston-based Subprime Analytics, which provides computerized portfolio analysis and metrics used to evaluate subprime auto finance underwriting performance and practices, announced a strategic alliance with Vincentric, LLC (“Vincentric”). Vincentric provides data, knowledge, and insight to the automotive industry by identifying and applying the different aspects of automotive ownership costs using its proprietary “Dynamic Cost to Own” database.

        Ken Shilson, President of Subprime Analytics and Founder of the National Alliance of Buy Here Pay Here Dealers (NABD) indicated today that, “Our analytical services clients can now determine the best vehicle for each customer for the entire life of a buy here, pay here (BHPH) installment contract. In the highly competitive environment of today, it is vital that vehicles sold to financially challenged consumers “stay sold”! Good underwriting should include a careful evaluation of the customer’s ability to repay, and the vehicle operation, maintenance, and repair costs should be considered,” Shilson explained.

        Shilson continued, “BHPH customers generally have limited liquidity, financial capacity, and flexibility, so the monthly and annual costs to operate, maintain, and repair the vehicle they purchase impact their ability to repay their debt. Subprime Analytics’ vehicle data together with components of the proprietary Vincentric cost of ownership data will give operators tools to make more informed underwriting decisions and stock the right vehicle inventory for their customer base.

        “Prior to the formation of the alliance, Subprime Analytics and Vincentric performed extensive testing of several thousand transactions, confirming that they can identify the vehicles that work best for lower-income customers. This information can be used to mitigate portfolio risk and reduce default rates. These combined analysis tools are now available for Subprime Analytics customers who engage us, Shilson said.”

        At the upcoming NABD BHPH East Coast Conference in Orlando, Florida on November 3-5, 2015, a panel of experts will discuss subprime auto underwriting practices that work successfully today,” Shilson explained. “The Vincentric vehicle operating cost data is a ‘game-changer!” he said. Dave Freed, who leads Business Development and Market Analysis at Vincentric, will be one of the panelists on hand who will explain how to apply their data to “Keep More Vehicles Sold”!

        More information about the NABD Conference is available at www.bhphinfo.com or by calling (832) 767-4759.

Contact for Subprime Analytics:                  Contact for Vincentric, LLC

Mr. Ken Shilson                                               Mr. Dave Freed

2180 North Loop W, Ste 270                           30200 Telegraph Rd Ste 216

Houston, TX  77018                                         Bingham Farms, MI  48025

Tel. (832) 767-4759                                        Tel. (952) 891-1054

www.subanalytics.com                                   www.vincentric.com