Edmunds on why appeal of used EVs could surge as gas prices keep rising & affordability remains challenging

Wednesday, Mar. 11, 2026, 10:30 AM

PODCAST: Carleton’s Tim Yalich on how critical accurate payment information is to today’s car shoppers

Tuesday, Mar. 10, 2026, 10:57 AM

Already the top factor holding back dealership business, potential economic headwinds build

Monday, Mar. 9, 2026, 10:53 AM

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Experts see Middle East conflict making current car & credit markets even more challenging

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Industry Elite: Sean Morgan of Westlake Financial

Monday, Mar. 23, 2026, 03:07 PM

Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here

Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings

Monday, Mar. 23, 2026, 01:56 PM

Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here

Industry Elite: Mike Clark Jr. of C&C Cars

Friday, Mar. 20, 2026, 03:50 PM

Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business ... Listen Here

Auto financing availability ticks slightly higher to finish 2021

dealertrack december chart for web

Tuesday, Jan. 11, 2022, 03:17 PM

SubPrime Auto Finance News Staff

Well, perhaps auto financing is starting to look more like it did before the pandemic wreaked havoc on so much of our daily lives. Cox Automotive said that access to auto credit expanded slightly in December, based on the Dealertrack Auto ... [Read More]

AutoPayPlus hires another former EFG Companies executive

Hollis Goode for web

Monday, Jan. 10, 2022, 04:34 PM

SubPrime Auto Finance News Staff

Another executive who spent time at EFG Companies now is a part of the leadership team at AutoPayPlus by US Equity Advantage. The provider of biweekly payment processing announced through a news release on Monday that Hollis Goode has joined ... [Read More]

StoneEagle elevates VP of product to be next COO

christopher stoneEagle for web

Monday, Jan. 10, 2022, 04:32 PM

SubPrime Auto Finance News Staff

On Monday, StoneEagle announced the promotion of one of its executives to be its new chief operating officer. Selected for this role for the provider of automotive menu, F&I and service metrics is Damar Christopher, who will work cross-functionally to ... [Read More]

Hudson Cook names 2 new partners

legal analysis

Friday, Jan. 7, 2022, 03:43 PM

SubPrime Auto Finance News Staff

In a move that became effective on the first day of 2022, Hudson Cook promoted two of its attorneys to equity partners of the firm that serves dealerships and finance companies. According to a news release, the firm’s two newest ... [Read More]

Edmunds projects new records for monthly payments

car and coins

Wednesday, Jan. 5, 2022, 04:36 PM

SubPrime Auto Finance News Staff

Monthly payments for both used- and new-vehicle financing is projected to break records, according to data gathered and tracked by Edmunds. [Read More]

Equifax to incorporate BNPL info into credit reports

BNPL image

Tuesday, Jan. 4, 2022, 03:20 PM

SubPrime Auto Finance News Staff

Scores of consumers now are leveraging Buy Now, Pay Later (BNPL) offerings by some retailers. To help auto finance companies evaluate applicants who might have BNPL commitments during the underwriting process, Equifax recently announced that the company is furthering its ... [Read More]

REPAY acquires Payix in deal that could be worth $115M

latest news

Monday, Jan. 3, 2022, 05:11 PM

SubPrime Auto Finance News Staff

The first business day of 2022 included an acquisition involving two firms focused on getting payments for their automotive clients as well as customers in other industries. Repay Holdings Corp. (REPAY), a provider of vertically-integrated payment solutions, on Monday announced ... [Read More]

National Auto Care finished 2021 with 1 more acquisition

merger and acquisition image

Monday, Jan. 3, 2022, 04:32 PM

SubPrime Auto Finance News Staff

National Auto Care (NAC) made one more acquisition before closing out 2021. Capping a string of moves throughout the year, NAC senior vice president of mergers and acquisitions Courtney Hoffman announced that the company — which provides F&I products, administration, ... [Read More]

Auto defaults make largest monthly rise in more than a year

november default chart for web

Monday, Jan. 3, 2022, 04:30 PM

SubPrime Auto Finance News Staff

Experts from Kroll Bond Rating Agency (KBRA), S&P Dow Jones Indices and Experian all noticed some deterioration in auto finance performance before 2021 finished. Released four days before Christmas, data through November for the S&P/Experian Consumer Credit Default Indices showed ... [Read More]

Former EFG executive takes role at AutoPayPlus

john stephens for web

Friday, Dec. 17, 2021, 02:24 PM

SubPrime Auto Finance News Staff

John Stephens is bringing more than 30 years of automotive experience to AutoPayPlus by US Equity Advantage. The biweekly payment processing provider announced this week that Stephens has joined the company as chief sales officer. Most recently, Stephens served as ... [Read More]

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