Subprime lags behind Dealertrack Credit Availability Index climb of 5 straight months

Wednesday, Jul. 15, 2026, 09:51 AM

APCO boosts EasyCare footprint via acquisition for second time in less than a week

Tuesday, Jul. 14, 2026, 10:44 AM

SAFCO promotes CFO to president

Monday, Jul. 13, 2026, 11:54 AM

Latest Stories

Edmunds pinpoints top 20 trades with negative equity in Q2

Auto Data Direct rolls out CarLocate in Texas

AIADA taps Protective as official vehicle service contract sponsor

The Spark Between EVs & CPO

Thursday, Jul. 16, 2026, 02:46 PM

In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

Vincenzo Ciampi of iA Financial Group

Tuesday, Jun. 30, 2026, 10:53 AM

Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

Ted Berlovich of Clutch

Monday, Jun. 29, 2026, 03:44 PM

Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

Hudson Cook’s Morris explores impact of new FTC chair

new ftc chair for web

Wednesday, Jun. 16, 2021, 03:38 PM

Nick Zulovich, Senior Editor

The U.S. Senate confirmed President Joe Biden’s choice to be chair of the Federal Trade Commission on Tuesday. And Hudson Cook partner Lucy Morris explained how the appointment might influence auto financing as well as how the development correlates back ... [Read More]

Auto-default rate sinks to new all-time low — again

news pic

Tuesday, Jun. 15, 2021, 02:14 PM

SubPrime Auto Finance News Staff

Perhaps when auto-finance executives thought defaults couldn’t get any lower, the industry responded with, “Hold my beer!” According to the newest data compiled by S&P Dow Jones Indices and Experian, auto defaults now are at the lowest reading ever recorded. [Read More]

KBRA: Impact of federal stimulus on monthly payments continues to fade

kbra 60 day chart for web

Monday, Jun. 14, 2021, 03:23 PM

SubPrime Auto Finance News Staff

Kroll Bond Rating Agency (KBRA) highlighted how much federal stimulus money provided a positive bounce for maintaining monthly payments. And according to the firm’s newest report, that bounce is losing its momentum, but the overall market still is solid as ... [Read More]

Newest Protective Asset Protection survey highlights nearly 10% growth in F&I sales

Rick Kurtz protective asset protection for web

Thursday, Jun. 10, 2021, 02:58 PM

SubPrime Auto Finance News Staff

Protective Asset Protection’s latest industry survey focused on how the pandemic impacted the sales of F&I products both online and at the dealership. Protective Asset Protection commissioned the online survey during March and took the pulse of nearly 500 F&I ... [Read More]

Sedgwick expands auto claims division with two strategic acquisitions

merger and acquisition image

Wednesday, Jun. 9, 2021, 03:47 PM

SubPrime Auto Finance News Staff

June is proving to be acquisitions month. Along with transactions involving dealer groups, auctions and digital retailing companies, Sedgwick — a leading global provider of technology-enabled risk, benefits and integrated business solutions — announced on Tuesday that it has acquired ... [Read More]

Loans & ride-sharing involved in latest CFPB settlement

acting CFPB director for web_0_0

Wednesday, Jun. 9, 2021, 03:36 PM

SubPrime Auto Finance News Staff

The Consumer Financial Protection Bureau now is taking its regulatory aim at loans connected with workers involved in the gig economy and ride-sharing. The CFPB recently filed a proposed settlement against Driver Loan and chief executive officer Angelo Jose Sarjeant. ... [Read More]

EFG highlights double-digit profit lift after new F&I training

EFG graphic for web

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

Spireon CTO for web

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

growth chart with man

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

ryan hawley for web

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]

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