TruDecision’s Parry defends current status of subprime auto finance

Monday, May. 11, 2026, 11:52 AM

Metrics that formed April’s Dealertrack Credit Availability Index ‘masked a more complex picture’

Tuesday, May. 12, 2026, 10:08 AM

NAF Association reveals next recipients of Jack Tracey Pinnacle Award & Summit Leadership Award

Friday, May. 8, 2026, 10:56 AM

Latest Stories

Westlake Portfolio Management adds another $300M to auto segment

New NCC tool powered by Equifax geared to help dealerships spot chargeback risk

Federal Reserve’s annual report on economic well-being of US households shows consistency

This Month's Focus

Artificial Intelligence

Urban Science survey: Dealers confident in sales process, wary of AI for lead follow-ups

Friday, May. 15, 2026, 11:48 AM

The sixth annual automotive research study by Urban Science in collaboration with The Harris Poll highlighted that nine in 10 U.S. car buyers said a traditional dealership is their top choice for purchasing a vehicle. Now let’s delve deeper into ... Read More

Bain Survey: Few Companies Ready for Sustainability Rules (24%)

Building on three-year partnership, Bain invests in OpenAI Deployment Company

Wednesday, May. 13, 2026, 12:13 PM

Bain & Company today announced an investment in the Deployment Company, a new venture launched by OpenAI with 19 global partners. According to a news release, the OpenAI Deployment Company is built to help businesses deploy artificial intelligence across their ... Read More

EY study shows Canadians still cautious about AI but using it more for everyday activities

Monday, May. 11, 2026, 03:00 PM

This artificial intelligence is pretty smart, eh? That sentiment might be held by at least some Canadians who are already embedding AI into everyday decisions, often in ways that extend beyond simple assistance into early autonomy, even while concerns about ... Read More

Tiger Okeley describes what it’s like for BHPH dealers during another turbulent year

Tuesday, May. 12, 2026, 01:47 PM

Tiger Okeley is the executive board member of Oak Motors, a buy-here, pay-here dealership that’s been in business for more than 40 years in central Indiana. Having seen boom times, recessions, and more, Okeley shared his insight to help owners ... Listen Here

SPONSORED EPISODE: Know your Buyer & Grow your Lot

Tuesday, May. 12, 2026, 09:20 AM

In this insightful episode of the Auto Remarketing Podcast, Auto Trader and KBB executives Elizabeth Stegall and David Lumpkin share findings gleaned from Cox Automotive’s unique research into shoppers who buy from Independent Dealers. Learn how shifting buyer expectations connect ... Listen Here

FICO’s Shams Blanc on lenders sharpening underwriting & more

Wednesday, Apr. 29, 2026, 03:54 PM

Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here

New survey says half of Americans feel ‘trapped’ in their financial situation

self financial screenshot for web

Wednesday, May. 18, 2022, 03:20 PM

SubPrime Auto Finance News Staff

Perhaps the sentiments held by the contract holders in your finance company’s portfolio aren’t quite as sullen as some of the recent consumer studies that have surfaced in the past month. With debt-free aspirations sagging and a majority of individuals ... [Read More]

Lendisoft & Carleton integrate for accurate calculations, compliance tracking

compliance pic

Wednesday, May. 18, 2022, 03:17 PM

SubPrime Auto Finance News Staff

Lendisoft and Carleton finalized an integration on Tuesday. The California-based loan servicing software provider announced that it has integrated CarletonCalcs APIs within its Lendisoft servicing platform. According to a news release, Lendisoft is a preconfigured enterprise loan management system (LMS) ... [Read More]

PAR promotes Herdrich Irwin to COO

Jessie Herdrich Irwin at AIS 2019

Wednesday, May. 18, 2022, 02:59 PM

SubPrime Auto Finance News Staff

PAR North America, a business unit of KAR Global, announced the promotion of Jessie Herdrich Irwin to chief operating officer on Wednesday. In her expanded new role, Herdrich Irwin will oversee compliance, operations, remarketing and titles, while ensuring alignment with ... [Read More]

S&P Global Ratings spots positive movements for net losses, recoveries & delinquency

auto financing

Tuesday, May. 17, 2022, 01:24 PM

SubPrime Auto Finance News Staff

S&P Global Ratings highlighted positive trends for net losses, recoveries and delinquency in connection with the U.S. auto ABS sector’s performance for the first quarter According to the report shared with SubPrime Auto Finance News, subprime net losses decreased month-over-month ... [Read More]

Triton elevates Miller to be CEO

board-room

Monday, May. 16, 2022, 03:12 PM

SubPrime Auto Finance News Staff

The Triton Automotive Group board of directors promoted Brian Miller to be its new chief executive officer in a move that became effective May 1. According to a news release, Miller previously served as the company’s executive vice president of ... [Read More]

TransUnion: Originations soften as new average balances jump 15%

TransUnion charts for web

Thursday, May. 12, 2022, 03:09 PM

SubPrime Auto Finance News Staff

The automotive portion of TransUnion’s newly released Q1 2022 Quarterly Credit Industry Insights Report (CIIR) gave context from the financing side about how tight vehicle inventories are impacting the entire industry. TransUnion said on Thursday that origination volumes in Q4 ... [Read More]

Auto credit availability improves for 11th straight month

april credit availability chart for web

Wednesday, May. 11, 2022, 03:35 PM

SubPrime Auto Finance News Staff

Cox Automotive and Comerica Bank each shared upbeat economic and financing trends that should be welcomed by dealerships and finance companies. First on Tuesday, Cox Automotive said access to auto credit expanded again in April, according to the Dealertrack Credit ... [Read More]

Payix & Nortridge bolster partnership for cash acceptance

money-stack

Wednesday, May. 11, 2022, 03:31 PM

SubPrime Auto Finance News Staff

For your contract holders who still want to make their monthly payment via cash, Payix and Nortridge Software are teaming up to provide a solution. The REPAY company and provider borrower-facing collections and communications tools recently expanded its exclusive partnership ... [Read More]

ARA highlights inroads by Repo Alliance in DC

repo alliance for web

Wednesday, May. 11, 2022, 03:26 PM

SubPrime Auto Finance News Staff

The American Recovery Association (ARA) recently highlighted the successes of the Repo Alliance, a fundraising organization rolled out at the start of the pandemic to boost lobbying and other industry promotion efforts. From discussions with federal lawmakers and their staffs ... [Read More]

Insight on credit backgrounds of consumers living paycheck to paycheck

another couple paying bills

Tuesday, May. 10, 2022, 02:40 PM

SubPrime Auto Finance News Staff

The ninth edition of the Reality Check: Paycheck-To-Paycheck research series, conducted by LendingClub Corp., in partnership with PYMNTS.com, showed that close to two-thirds of the U.S. population — 64% or about 166 million adults — were doing so in March. ... [Read More]

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