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Tuesday, Mar. 24, 2026, 10:27 AM

With additional insight about affordability, FICO watches averages credit scores tick lower again

Wednesday, Mar. 25, 2026, 11:27 AM

PODCAST: Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business

Wednesday, Mar. 25, 2026, 01:05 PM

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Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business

Wednesday, Mar. 25, 2026, 05:01 PM

Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance ... Listen Here

Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial

Wednesday, Mar. 25, 2026, 04:43 PM

Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Kelly Wyatt, who is chief digital officer with GM Financial. Wyatt shares a conversation with Cherokee Media Group senior editor Nick Zulovich about being ... Listen Here

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

With potential ‘devastating’ measure on Capitol Hill, ARA highlights plans for NARS 2021

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Wednesday, May. 19, 2021, 01:56 PM

SubPrime Auto Finance News Staff

The American Recovery Association (ARA) recently announced the new theme for the North American Repossessors Summit (NARS), which will return as an in-person event in October. That theme, “Resilience: Rising Above and Committed to Building a Stronger Industry,” ties in ... [Read More]

Auto defaults dip again in April to near all-time low

default chart april 2021 for web

Tuesday, May. 18, 2021, 02:04 PM

SubPrime Auto Finance News Staff

Perhaps the next round of coffee or drinks should be in celebration for the collections departments at auto-finance companies. The auto portion of the S&P/Experian Consumer Credit Default Indices declined again in April and now sits just 3 basis points ... [Read More]

KBRA spots ‘well-grounded’ metrics from April remittance reports

KBRA april 2021 chart for web

Monday, May. 17, 2021, 02:31 PM

SubPrime Auto Finance News Staff

Kroll Bond Rating Agency (KBRA) used the descriptor “well grounded” when analysts dissected April remittance reports to discover the credit trends that surfaced during the March collection period. KBRA indicated delinquencies for both non-prime and prime contracts decreased. Analysts said ... [Read More]

Car Capital boosts brain trust with 2 new advisors

board-room

Friday, May. 14, 2021, 03:36 PM

SubPrime Auto Finance News Staff

Car Capital continues to make moves to establish itself as an up-and-coming auto-finance technology company that strives to get any deal bought no matter the consumer credit background. After securing two separate rounds of funding, the company announced the appointment ... [Read More]

April credit availability comparisons come against ‘abnormal’ conditions

dealertrack credit chart april for web

Thursday, May. 13, 2021, 02:18 PM

SubPrime Auto Finance News Staff

Cox Automotive reported this week that auto financing availability in April was the most accessible since April 2020, according to the Dealertrack Auto Credit Availability Index. But analysts acknowledged that making year-over-year comparisons is challenging, since they’re versus the outset ... [Read More]

AUL shores up financial leadership with moves involving CFO & controller

AUL execs for web

Wednesday, May. 12, 2021, 01:48 PM

SubPrime Auto Finance News Staff

AUL Corp. reinforced its executive leadership this week to ensure the F&I provider remains on solid financial footing. First, AUL appointed industry veteran Dennis Mara as the firm’s new chief financial officer after four months of serving in the position ... [Read More]

REPAY to acquire BillingTree for $503M

merger and acqusition red greeen and white

Wednesday, May. 12, 2021, 01:37 PM

SubPrime Auto Finance News Staff

REPAY made a significant increase in its collections capabilities this week, announcing it has signed a definitive agreement to acquire BillingTree for approximately $503 million. According to a news release, the acquisition will be financed with approximately $275 million in ... [Read More]

S&P Global Ratings spots decline in subprime extensions, examines resulting defaults

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Monday, May. 10, 2021, 03:03 PM

SubPrime Auto Finance News Staff

S&P Global Ratings recently discussed two topics quite relevant to finance companies: contract extensions and resulting defaults as well as actions at the Federal Reserve. Analysts discovered that as of February, extensions on auto-finance contracts contained in public asset-backed securities ... [Read More]

JM Family Enterprises appoints interim CFO

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Friday, May. 7, 2021, 01:41 PM

SubPrime Auto Finance News Staff

With an eye toward the future, JM Family Enterprises is turning to an executive with the company for the past 24 years to be its interim chief financial officer. Taking on the CFO role temporarily as well as continuing to ... [Read More]

APCO rolls out consultative approach for reinsurance programs

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Friday, May. 7, 2021, 01:33 PM

SubPrime Auto Finance News Staff

APCO Holdings is looking to cater to the wide array of approaches to retailing vehicles with its latest strategy for reinsurance programs. The provider and administrator of F&I products and home to the EasyCare and GWC Warranty brands said this ... [Read More]

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