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

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]

Auto-financing context around Fed’s last move of 2021

auto financing

Thursday, Dec. 16, 2021, 03:30 PM

SubPrime Auto Finance News Staff

Cox Automotive chief economist Jonathan Smoke again offered context about the potential influence on auto financing that the Federal Reserve last policy action of the year might have. On Wednesday, the Federal Open Market Committee decided unanimously to keep the ... [Read More]

PODCAST: AFSA’s Celia Winslow on CFPB subprime auto report & more

podcast image

Wednesday, Dec. 15, 2021, 02:55 PM

SubPrime Auto Finance News Staff

American Financial Services Association senior vice president Celia Winslow appeared on this episode of the Auto Remarketing Podcast to discuss what the Consumer Financial Protection Bureau reported when the regulator examined subprime auto financing earlier this year. Winslow also shared ... [Read More]

Parthenon Capital Partners acquires KBRA

jim nadler KBRA for web

Tuesday, Dec. 14, 2021, 03:41 PM

SubPrime Auto Finance News Staff

One of the closest observers of the auto securitization market now has new ownership after forming in the wake of the global financial crisis. Kroll Bond Rating Agency (KBRA) announced on Tuesday that it has entered a deal with growth-oriented ... [Read More]

AUL charitable giving surges past $1M since 2012

Charity shutterstock_88662181

Monday, Dec. 13, 2021, 04:00 PM

SubPrime Auto Finance News Staff

You could say AUL Corp. is in a giving mood. AUL president and chief executive officer Jimmy Atkinson announced on Friday that the F&I provider just surpassed $1 million in total charitable contributions since 2012. This year, AUL said it ... [Read More]

X