McGlinchey Stafford to wind down law firm after more than 50 years
Tuesday, Jan. 13, 2026, 10:00 AM
December auto-credit availability climbs to best level in more than 3 years
Monday, Jan. 12, 2026, 10:39 AM
TransUnion sees auto delinquency rising for fifth straight year
Friday, Jan. 9, 2026, 11:16 AM
What might be next for Amazon Autos
Cherokee Media Group’s Bill Zadeits hosted a fireside chat with Fan Jin, global leader of Amazon Autos, during Used Car Week 2025. Their wide-ranging conversation about the past, present and future of the online platform and its involvement with automakers ... Listen Here
Thursday, Jan. 15, 2026, 03:52 PM
Auto-finance leaders on growth, risk & recovery
It’s a question any business must answer, but it’s especially important in auto finance. How do you balance growth and risk? A trio of industry executives — Mike Goins of TD Bank, Jeff Marsh of Millennium Capital and Recovery and ... Listen Here
Thursday, Jan. 15, 2026, 03:07 PM
Expectations for repossessions in the US & Canada with Purr’s Chris Schellenberger
Purr founder and CEO Chris Schellenberger opened Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Schellenberger, whose unique business model offers a retail consignment platform for repossessed vehicles, discussed what the repo industry could be ... Listen Here
Wednesday, Jan. 14, 2026, 07:48 PM
EFG highlights double-digit profit lift after new F&I training
Wednesday, Jun. 9, 2021, 03:33 PM
SubPrime Auto Finance News Staff
EFG Companies is looking to leverage lessons learned through the pandemic to help dealerships get the most out of their F&I activities. This week, EFG announced the debut of its modular training subscription service that when piloted during the pandemic, ... [Read More]
Spireon elevates internal exec to be CTO
Tuesday, Jun. 8, 2021, 02:13 PM
SubPrime Auto Finance News Staff
Spireon, a provider of risk mitigation services and other technologies to subprime auto finance companies and buy-here, pay-here dealers, announced the promotion of one of its executives to be chief technology officer. Previously Spireon’s senior vice president of engineering, the ... [Read More]
Nicholas Financial makes numerous year-over-year performance improvements
Monday, Jun. 7, 2021, 02:44 PM
SubPrime Auto Finance News Staff
Nicholas Financial made quite a year-over-year rebound when detailing its 2021 fiscal year results last week, including vital metrics like net income and delinquency rates. Despite a dip in total revenue, the subprime auto finance company reported that its net ... [Read More]
PAR chooses Hawley to be VP of sales and client relations
Friday, Jun. 4, 2021, 02:14 PM
SubPrime Auto Finance News Staff
PAR North America chose an executive with almost two decades of industry experience to be its vice president of sales and client relations. According to a news release distributed on Thursday, the business unit of KAR Global announced the appointment ... [Read More]
S&P Global Ratings spots significant net-loss improvements in both prime & subprime
Thursday, Jun. 3, 2021, 02:57 PM
SubPrime Auto Finance News Staff
Experian’s Q1 2021 State of the Automotive Finance Market report illuminated many attributes about the contracts originated during the opening quarter of the year, including how outstanding balances now are approaching $1.3 trillion as well as metrics based on geography. ... [Read More]
ARA to host free webinar with Bassford Remele about data privacy
Wednesday, Jun. 2, 2021, 07:26 PM
SubPrime Auto Finance News Staff
The American Recovery Association (ARA) is again leveraging its relationship with Bassford Remele to offer repossession agents a free webinar to discuss an important operational element — data privacy. In an attempt to help repo agents avoid a potential exposure ... [Read More]
PODCAST: Reviewing key court decision involving finance company, GAP coverage & MLA
Wednesday, Jun. 2, 2021, 03:48 PM
SubPrime Auto Finance News Staff
Getting auto financing over the finish line to vehicle delivery already can be complex. When the potential buyer falls within the confines of the Military Lending Act (MLA), it can become even more complicated. Marci Kawski, a partner in the ... [Read More]
Looking at Q1 financing metrics by geography
Tuesday, Jun. 1, 2021, 02:00 PM
SubPrime Auto Finance News Staff
Along with highlighting how total outstanding balances are approaching $1.3 trillion, Experian’s Q1 2021 State of the Automotive Finance Market report also delved into some metrics based on geography. Experian pinpointed the average credit score of used-vehicle paper bought in ... [Read More]
PODCAST: Why securitizations are accelerating again
Friday, May. 28, 2021, 02:52 PM
SubPrime Auto Finance News Staff
Originations aren’t the only part of auto financing accelerating nowadays. Stephen Bisbee, founder of eOriginal, which is now part of Wolters Kluwer, appeared on the Auto Remarketing Podcast to explain why securitizations are accelerating again as an attractive option for ... [Read More]
Looking for ‘telling points’ of potential changes as total outstanding balances approach $1.3 trillion
Thursday, May. 27, 2021, 03:09 PM
Nick Zulovich, Senior Editor
Escalating vehicle prices are impacting auto-finance data, too, as Experian’s Q1 2021 State of the Automotive Finance Market report showed outstanding balances jumped 10.3% year-over-year from $1.168 trillion to $1.288 trillion. So, SubPrime Auto Finance News posed this one to ... [Read More]
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