Credit Acceptance’s c-suite changes continue by appointing new CFO

Wednesday, Jun. 10, 2026, 08:01 PM

LocateSmarter & Repo Report partner to boost agent efficiency

Wednesday, Jun. 10, 2026, 03:24 PM

‘Front-row seat’ gives Lackey path to become TurboPass CEO

Wednesday, Jun. 10, 2026, 11:10 AM

Latest Stories

Subprime share moving opposite of Dealertrack Credit Availability Index, which hits highest point in more than 4 years

PODCAST: Experian’s Melinda Zabritski discusses ongoing stretching of terms

Explaining ‘genuine crosscurrents’ that could impact auto finance & retail this summer

Experian’s Melinda Zabritski discusses ongoing stretching of terms

Friday, Jun. 12, 2026, 09:35 AM

The latest appearance on the Auto Remarketing Podcast by Melinda Zabritski, Experian’s head of automotive financial insights and Automotive Intelligence Award recipient, focused on auto-loan terms, which oftentimes are at least 72 months nowadays. Zabritski also compared a data point ... Listen Here

Forming the Transport Queens with Amber Gosney of SYCN Auto Logistics

Tuesday, Jun. 2, 2026, 01:30 PM

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PODCAST: Autonomous vehicles & the used-car market with Peter Janczewski of Draiver

Tuesday, Jun. 2, 2026, 01:23 PM

We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. To get a better understanding of how autonomous technology ... Listen Here

Cox & GfK offer more evidence of new-car affordability issues

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Monday, Mar. 20, 2023, 03:37 PM

SubPrime Auto Finance News Staff

New analysis and research from Cox Automotive and GfK AutoMobility showed how potentially out of reach taking delivery of a new vehicle might be for consumers with subprime credit and/or lower income. New-vehicle affordability improved again in February following modest ... [Read More]

10 more highlights of Westlake’s successful 2022

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Friday, Mar. 17, 2023, 01:39 PM

SubPrime Auto Finance News Staff

A week after highlighting the 2022 successes of one of its divisions, Westlake Technology Holdings announced strong 2022 results from all companies on Thursday. Executives highlighted each company generated steady year-over-year growth, improved operational efficiency and implemented of new programs ... [Read More]

ARC schedules next F&I training session tailored for independent dealers

BHPH evolution: Key to success in a recovering auto industry

Friday, Mar. 17, 2023, 01:39 PM

SubPrime Auto Finance News Staff

Automotive Reinsurance Concepts (ARC) is again giving independent dealers and their finance managers the opportunity to learn F&I from the “best in the business.” The reinsurance and warranty company’s latest F&I Basics Bootcamp will be held May 3-4 at the ... [Read More]

CFPB targets business practices of data brokers with newest inquiry

Thursday, Mar. 16, 2023, 02:09 PM

SubPrime Auto Finance News Staff

An active stretch at the Consumer Financial Protection Bureau continued Wednesday when the CFPB said it has launched an inquiry into companies that track and collect information on people’s personal lives. In issuing this new Request for Information, the CFPB ... [Read More]

Latest views on credit availability & tax refunds

Tuesday, Mar. 14, 2023, 03:35 PM

SubPrime Auto Finance News Staff

During the past week, Cox Automotive touched on two important current trends associated with auto financing — credit availability and tax refunds. Both trajectories might be positives for dealerships getting vehicles delivered and finance companies building their portfolios. First, according ... [Read More]

4 new qualms CFPB has with ‘unlawful junk fees’ in auto financing

CFPB files lawsuit against US Auto Sales servicer

Monday, Mar. 13, 2023, 03:33 PM

SubPrime Auto Finance News Staff

Last week, the Consumer Financial Protection Bureau articulated four ways “unlawful junk fees” are happening in auto financing. The bureau shared the details in a special edition of its Supervisory Highlights. The CFPB said during auto servicing examinations that bureau ... [Read More]

5 parts of Western Funding’s record growth in 2022

LendingArch continues to expand presence in Canadian auto finance market

Friday, Mar. 10, 2023, 03:58 PM

SubPrime Auto Finance News Staff

Praising its team in the process, Western Funding Inc. (WFI), a subsidiary of Westlake Technology Holdings and part of the Nowlake umbrella, announced record growth in 2022. The company’s five primary highlights from last year include: —73% year-over-year growth in ... [Read More]

AFSA leader cites 5 examples why CFPB is ‘ripe for reform’

Thursday, Mar. 9, 2023, 03:58 PM

SubPrime Auto Finance News Staff

American Financial Services Association president and CEO Bill Himpler testified on Thursday during a hearing hosted by the U.S. House Subcommittee on Financial Institutions and Monetary Policy. Himpler made a case for why the Consumer Financial Protection Bureau is “ripe ... [Read More]

2023 Women in Collections and Recoveries honorees

Wednesday, Mar. 8, 2023, 05:12 PM

SubPrime Auto Finance News Staff

Cherokee Media Group on Wednesday announced this year’s honorees for the Women in Collections and Recoveries award program presented by American Recovery Service. The Women in Collections and Recoveries award program received nominations nationwide for women in various roles within ... [Read More]

MBSi & SCUSA partner to eliminate agency recovery fees

Wednesday, Mar. 8, 2023, 05:10 PM

SubPrime Auto Finance News Staff

MBSi made what it described as a “milestone” announcement on Wednesday involving what it called a “major client.” As a result of in-person meetings, the provider of repossession assignment management and compliance management solutions said Santander Consumer USA has decided ... [Read More]

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