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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

McGlinchey continues firm growth with 2 new additions

mcglinchey pair for web
SubPrime Auto Finance News Staff
During the past six months, McGlinchey’s consumer financial services compliance team has added eight new attorneys (including two members) in five offices, including Albany, N.Y., Cleveland, Houston, New Orleans and Washington, D.C. According to separate announcements, the newest additions are ... [Read More]

Average rates on refinancing rise 15 basis points, but remain lower than a year ago

row of cars
SubPrime Auto Finance News Staff
While Cox Automotive recently reported that auto credit availability still remains at a record reading, RateGenius indicated another part of auto financing remains pretty healthy, too. The platform recently released its monthly Auto Refinance Rate Report revealing the current average ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
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Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
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Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
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Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
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The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
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Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
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Dealer Playbook: 5 Takeaways for Auto Retailers Using AI

The May issue of Auto Remarketing — “Shifting Gears: AI’s Role in Retail Automotive” — explores how top auto retailers...
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Auto credit availability remains at record readings

Dealertrack-Credit-Availability-Index-chart for web
Nick Zulovich, Senior Editor
There might not be a robust amount of used and new vehicles available to retail, but access to credit to fuel originations and deliveries appears to be quite plentiful. For the second month in a row, the Dealertrack Credit Availability ... [Read More]

NAF Association highlights agenda for annual Non-Prime Auto Financing Conference

NAF conference screenshot for web
SubPrime Auto Finance News Staff
Michael Benoit, Klaus Entenmann, Amy Martin and Jonathan Smoke represent just a sampling of the experts scheduled to appear during the 26th annual Non-Prime Auto Financing Conference hosted by the National Automotive Finance Association beginning on June 1 in Plano, ... [Read More]

Strong assertions follow CFPB lawsuit filing against TransUnion

legal analysis
SubPrime Auto Finance News Staff
Both the Consumer Financial Protection Bureau and TransUnion used strong language in statements last week, as the regulator filed a lawsuit against the credit bureau, two of its subsidiaries, and an executive that the company said is no longer with ... [Read More]

Exeter highlights new dealer portal, general counsel

dealership employee
SubPrime Auto Finance News Staff
Along with naming a new general counsel to fill a void created by retirement, Exeter Finance recently launched its new, comprehensive dealer portal. The finance company that specializes in non-prime and subprime paper highlighted that its portal now available nationwide ... [Read More]

APCO Holdings promotes internal executive to be SVP & CIO

job promotion
SubPrime Auto Finance News Staff
APCO Holdings recently promoted one of its executives who has been with the provider and administrator of F&I products and home to the EasyCare and GWC Warranty brands for more than 15 years. Ascending into the role of senior vice ... [Read More]

Ally & TMCF now accepting applicants for Moguls in the Making

NCAT_winning_team for web
SubPrime Auto Finance News Staff
Applications for a college-student competition cited by Fast Company as a reason Ally Financial ranked sixth on its 2021 list of Best Workplaces for Innovators — which recognizes companies that foster creative cultures — recently got in motion. Ally Financial ... [Read More]

TransUnion finalizes Verisk acquisition

news update
SubPrime Auto Finance News Staff
TransUnion wrapped up the workweek by announcing on Friday that it has completed the acquisition of Verisk Financial Services, the financial services business unit of Verisk, for $515 million. The credit bureau first revealed it was making this move in ... [Read More]

Dasceq’s 4 top collections trends for 2022

Dasceq image for web
SubPrime Auto Finance News Staff
The first quarter of 2022 just finished, but Dasceq remains intrigued by a McKinsey survey from December 2020 that indicated almost 10% more people will use mobile banking technologies after the COVID-19 pandemic. The firm that specializes accounts receivables and ... [Read More]

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