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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

700 Credit lands relationships with Vision Dealer Solutions & Scienaptic

partnership gears
Monday, Jun. 28, 2021, 04:02 PM
SubPrime Auto Finance News Staff
The number of integrations and partnerships involving 700 Credit has ramped up again in recent days as the credit reports, compliance solutions and consumer pre-qualification products landed relationships with Vision Dealer Solutions and Scienaptic. According to the first of separate ... [Read More]

RateGenius: Refinance approvals spike 66%

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Monday, Jun. 28, 2021, 04:00 PM
SubPrime Auto Finance News Staff
Rising home values often prompt families to refinance their mortgages. Soaring used-vehicle prices evidently have done the same thing within the auto-finance space, according to a report from RateGenius, which works with more than 150 partners nationwide to help consumers ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turn Service Visits Into Sales Growth: A GM’s Checklist

Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
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The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
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Warburg Pincus set to acquire Exeter from Blackstone

merger and acquisition image
Monday, Jun. 28, 2021, 01:04 PM
SubPrime Auto Finance News Staff
Exeter Finance is changing hands from one investment firm to another that already has a robust automotive portfolio. The finance company that specializes in the subprime market announced on Monday that it has entered into a definitive agreement to be ... [Read More]

From the editor: Remembering Jack Tracey

Jack Tracey picture for web
Friday, Jun. 25, 2021, 06:15 PM
Nick Zulovich, Senior Editor
Jack Tracey was a man I looked up to — literally and figuratively. Likely similar to scores of other industry executives, I was jarred this week to learn of the passing of Jack Tracey, a founder and the only executive ... [Read More]

NAF Association executive director Jack Tracey passes away

news pic
Friday, Jun. 25, 2021, 06:13 PM
Nick Zulovich, Senior Editor
The National Automotive Finance Association said one of its founders and the only executive director it's ever had passed away earlier this week. The NAF Association confirmed in a statement on Friday that Jack Tracey passed away on Monday after ... [Read More]

DriveItAway gains Knightsgate Ventures as institutional investor

John Possumato
Friday, Jun. 25, 2021, 04:06 PM
SubPrime Auto Finance News Staff
DriveItAway has a new institutional investor. The platform that offers dealerships the chance to provide cash-strapped customers the opportunity to secure a vehicle via its rent-to-own technology announced this week that Knightsgate Ventures — a leading venture capital firm focused ... [Read More]

Lendbuzz lands nearly $700M in growth resources through new funding & debt financing

money stack 100684213
Friday, Jun. 25, 2021, 04:03 PM
SubPrime Auto Finance News Staff
Lendbuzz is striving to modernize what it contends is an “outdated” auto-finance industry, with a focus on serving consumers who have thin or no credit history in the United States. And its drive toward that modernization got quite a financial ... [Read More]

TransUnion: Majority of consumers made payments while in accommodation programs

cash and coronavirus
Thursday, Jun. 24, 2021, 02:28 PM
SubPrime Auto Finance News Staff
Even when finance companies helped their customers with installment payment accommodations during the worst of the pandemic, providers oftentimes still saw funds following into their collection baskets. That’s one of the conclusions from a new TransUnion study that found the ... [Read More]

CFPB reinforces activities with potential MLA ties

troops shutterstock_716351914_0_0
Tuesday, Jun. 22, 2021, 01:49 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau is taking another deeper look at industry activities and the Military Lending Act (MLA) that one compliance expert said that it “bears watching.” Last week, the CFPB issued an interpretive rule that explains the basis ... [Read More]

Dealertrack Auto Credit Availability Index dips in May

dealertrack may chart for web
Monday, Jun. 21, 2021, 03:10 PM
SubPrime Auto Finance News Staff
You might have noticed it’s been a little more difficult to get your potential buyer’s deal bought by your network of finance companies. The newest Dealertrack Auto Credit Availability Index showed just how much of a pinch in paper funding ... [Read More]

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