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Tuesday, Jul. 1, 2025, 09:44 AM

2025 Non-Prime Automotive Financing Industry Survey is ‘more than just numbers’
Monday, Jun. 30, 2025, 10:17 AM

COMMENTARY: Is your payments platform safeguarding compliance?
Thursday, Jun. 26, 2025, 07:07 AM
Flagship Credit Acceptance celebrates football with latest dealer campaign
Friday, Oct. 1, 2021, 02:30 PM
SubPrime Auto Finance News Staff
Plenty of exciting football action is on the docket this weekend with multiple Top 25 matchups in the college realm and Tom Brady playing his first NFL game against the New England Patriots. Flagship Credit Acceptance is leveraging the enthusiasm ... [Read More]
Partisan journey finally ends with Chopra becoming CFPB director
Friday, Oct. 1, 2021, 01:27 PM
Nick Zulovich, Senior Editor
Culminating a partisan slog that stretched from Inauguration Day through the close of the third quarter, the U.S. Senate confirmed Rohit Chopra as the new director of the Consumer Financial Protection Bureau on Thursday by a 50-48 final vote that ... [Read More]
Economic & investment outlooks all hinge on common thread
Wednesday, Sep. 29, 2021, 03:43 PM
Nick Zulovich, Senior Editor
The prognosis for the economy, finance companies and investors continues to be mixed since experts and policymakers keep pointing toward a factor that has shown to be incredibly difficult to control. Cox Automotive, the Federal Reserve, the National Association of ... [Read More]
Advantage GPS acquires Asset Tracking Technology
Tuesday, Sep. 28, 2021, 02:54 PM
SubPrime Auto Finance News Staff
Mergers and acquisitions continue to permeate the entire automotive industry. Tuesday’s public development involved the GPS and risk mitigation spaces. Advantage GPS announced the acquisition of Michigan-based Asset Tracking Technology, a distributor of GPS tracking devices for finance companies, buy-here, ... [Read More]
SEC charges former Honor Finance principals with securitizations fraud
Monday, Sep. 27, 2021, 03:23 PM
SubPrime Auto Finance News Staff
Oftentimes when a federal regulator charges after a subprime auto finance company, it’s the Consumer Financial Protection Bureau or the Federal Trade Commission doing the investigations and handing out enforcement actions. Last week, it was the Securities and Exchange Commission ... [Read More]
RateGenius rolls out new digital auto refinance tool
Friday, Sep. 24, 2021, 02:40 PM
SubPrime Auto Finance News Staff
As consumers repair their credit profiles, many individuals are looking to improve the terms of their retail installment contract for their vehicle. RateGenius is looking to help those particular people and other contract holders looking to see if they can ... [Read More]
Startup aimed at connecting independent dealers & finance companies opens crowdfunding campaign
Friday, Sep. 24, 2021, 02:35 PM
SubPrime Auto Finance News Staff
Automatic is trying to modernize what the fintech startup is calling an “outdated, fragmented independent dealer financing ecosystem.” And it’s leveraging an equity crowdfunding campaign to continue on its path. On Friday, Automatic announced the effort to generate resources for ... [Read More]
Auto defaults rise again in August with evidence pointing to more
Thursday, Sep. 23, 2021, 02:15 PM
SubPrime Auto Finance News Staff
Auto defaults are slowly ticking up again, and the seeds for more might be germinating, too, as shown by the data assembled and shared by Cox Automotive, Equifax, Experian and S&P. [Read More]
SCUSA chooses Womack to succeed Broderick as operations head
Wednesday, Sep. 22, 2021, 09:18 PM
SubPrime Auto Finance News Staff
Santander Consumer USA is set to become a private company. And the provider will do so with a new head of operations. According to a news release distributed on Wednesday, Santander named Marc Womack as head of operations in a ... [Read More]
700Credit & TradeVue form product alliance to help consumers & dealers
Wednesday, Sep. 22, 2021, 03:50 PM
SubPrime Auto Finance News Staff
Two firms that look to offer critical information to help potential vehicle buyers navigate the path toward financing now are working together. Officials from 700Credit — a leading provider of credit reports, compliance solutions and soft pull products — recently ... [Read More]
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