A Look Back at Last Two Decades of the Used-Car Industry in Canada
In the grand finale of our podcast episodes from Canada’s Used Car Week in June, conference chair and Cherokee Media Group president Bill Zadeits is joined by Brad Hart and Peter Snoyer on a panel celebrating 20th anniversary of the ... Listen Here
Thursday, Sep. 18, 2025, 02:32 PM
SPONSORED EPISODE: AI & Big Data Deliver Significant Improvements to Inventory Management
In this sponsored episode of the Auto Remarketing Podcast, Merritt Critcher, Director of Product Management with CDK speaks with Bill Zadeits about the newest trends and potential for AI and big data to meet and exceed the inventory management needs ... Listen Here
Thursday, Sep. 11, 2025, 04:33 PM
Matt Rice
Experian on how much auto refinancing is gaining traction
Melinda Zabritski, Experian’s head of automotive financial insights, said consumers are looking for ways to secure more favorable vehicle financing terms, especially with interest rates leveling out and perhaps a cut coming next week from the Federal Reserve. The base ... Listen Here
Thursday, Sep. 11, 2025, 01:53 PM
Credit Acceptance’s leadership changes & $27M settlement
Friday, Apr. 30, 2021, 02:30 PM
SubPrime Auto Finance News Staff
Credit Acceptance Corp. made two major announcements on Thursday afternoon; one involving top company leadership and the other in connection with a multi-million-dollar settlement with a state attorney general. First, the finance company that specializes in subprime paper said that ... [Read More]
Interest rates likely to stay low for 2 more years
Thursday, Apr. 29, 2021, 03:17 PM
SubPrime Auto Finance News Staff
As finance companies modify their ongoing strategies, perhaps what the Federal Reserve does with interest rates will give executives at least one consistent ingredient on which to build forward-looking plans. Members of the Federal Open Market Committee (FOMC) decided unanimously ... [Read More]
Weltman & DRN hosting free webinar to prepare for potential repo surge
Wednesday, Apr. 28, 2021, 03:16 PM
SubPrime Auto Finance News Staff
Weltman, Weinberg & Reis Co. and DRN are joining forces for a free, two-part educational webinar in an effort to help the entire repossession and recovery industries prepare for what might be coming down the default pipeline this year. In ... [Read More]
3 ways US Equity Advantage expanded cybersecurity protections
Wednesday, Apr. 28, 2021, 02:56 PM
SubPrime Auto Finance News Staff
US Equity Advantage (USEA) acknowledged that the current digital landscape is rampant with expanding cyber threats and cybercriminals getting smarter by the day. As a result, the biweekly installment contract payment service recapped this week how it’s taking steps to ... [Read More]
Fitch Ratings: Despite resilient overall market, subprime auto ABS remains at risk
Wednesday, Apr. 28, 2021, 02:54 PM
SubPrime Auto Finance News Staff
Generally, Fitch Ratings has an upbeat assessment of automotive asset-backed securities performance, but the subprime segment still has firm experts concerned. Fitch Ratings said this week that auto ABS has been more resilient than initially expected through the pandemic and ... [Read More]
Edmunds: Soaring prices for trades reduce negative-equity challenges
Tuesday, Apr. 27, 2021, 02:21 PM
SubPrime Auto Finance News Staff
Dealerships often face the challenge of their potential buyers bringing a sizeable amount of negative equity with them via their trade, creating a hurdle to get a deal bought within their network of finance companies. Times have changed tremendously, based ... [Read More]
In lieu of 30th anniversary party, AUL celebrates with sales record
Friday, Apr. 23, 2021, 12:25 PM
SubPrime Auto Finance News Staff
The pandemic put the kibosh on any in-person festivities AUL Corp. had planned a year ago to celebrate its 30th anniversary. But the full-service F&I provider certainly is pretty jovial since the company still had reasons to revel thanks to ... [Read More]
Portfolio adds NWAN founder to board of directors
Friday, Apr. 23, 2021, 12:22 PM
SubPrime Auto Finance News Staff
Portfolio’s newest board member certainly has significant familiarity with how the F&I industry functions. The company announced this week that Kelly Price has been appointed executive vice president of strategic ventures and has joined the company’s board of directors. Price ... [Read More]
Auto defaults now below 1% for 15 straight months
Thursday, Apr. 22, 2021, 01:46 PM
SubPrime Auto Finance News Staff
The auto default rate now has been below the 1% level for 15 consecutive months, according to data assembled by S&P Dow Jones Indices and Experian. The streak continued thanks to a small dip in the auto segment of the ... [Read More]
RMAI gives 2 awards as annual conference returns in person
Wednesday, Apr. 21, 2021, 03:58 PM
SubPrime Auto Finance News Staff
In more signs that the industry is returning to some normalcy, the Receivables Management Association International (RMAI) held its 2021 annual conference in Las Vegas earlier this month, welcoming more than 500 attendees in person and another 150 virtual attendees ... [Read More]
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