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What might be next for Amazon Autos
Thursday, Jan. 15, 2026, 03:52 PM
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
Auto-finance leaders on growth, risk & recovery
Thursday, Jan. 15, 2026, 03:07 PM
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
Expectations for repossessions in the US & Canada with Purr’s Chris Schellenberger
Wednesday, Jan. 14, 2026, 07:48 PM
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

Dissension arises as Fed keeps rates unchanged again

Thursday, Jul. 31, 2025, 11:02 AM
SubPrime Auto Finance News Staff
Committees not coming to a unanimous decision is common. But what happened at the Federal Reserve on Wednesday involving the decision by the Federal Open Market Committee to leave the federal funds rate unchanged hasn’t unfolded in three decades, according ... [Read More]

PayNearMe integrates with Emotive Software to smooth payment processes for dealers

Wednesday, Jul. 30, 2025, 10:56 AM
SubPrime Auto Finance News Staff
This week, PayNearMe, a fintech operation working to optimize the payment experience, announced a strategic integration with Emotive Software, an all-in-one platform with artificial intelligence-driven automation for dealers. According to a news release, the partnership natively integrates PayNearMe’s modern, flexible ... [Read More]

OttoMoto adds to board & partners with Carvant Financial

Wednesday, Jul. 30, 2025, 10:56 AM
SubPrime Auto Finance News Staff
Along with appointing a strategic advisor to its board of directors, OttoMoto recently announced a new integration with Carvant Financial, an indirect lender specializing in deep subprime auto finance. Through this integration, dealers can now submit directly to Carvant Financial ... [Read More]

Salient gains $60M in funding for servicing solution already praised by subprime lenders

Tuesday, Jul. 29, 2025, 10:27 AM
SubPrime Auto Finance News Staff
Already earning high praise from a quartet of finance companies that often operate in the subprime space, Salient announced on Monday that it has secured $60 million in funding to reinforce operations as an artificial intelligence-powered financial services technology provider. ... [Read More]

Fed’s Waller makes argument for rate cut next week

Friday, Jul. 25, 2025, 09:22 AM
SubPrime Auto Finance News Staff
For dealerships and finance companies looking for an interest rate cut next week, Christopher Waller of the Federal Reserve is arguing vehemently on your behalf. During an appearance last week at New York University, the Fed governor recapped the position ... [Read More]

ARA & RDN collaborate for new safety feature to identify violent accounts

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Wednesday, Jul. 23, 2025, 01:17 PM
SubPrime Auto Finance News Staff
It’s been a busy summer for the American Recovery Association. A couple weeks after rolling out its tool to help with compliance mandates in all 50 states, ARA on Monday announced the launch of a new safety feature within RDN’s ... [Read More]

Zoom Auto Protect launches warranty claims system powered by AI

Wednesday, Jul. 23, 2025, 10:44 AM
SubPrime Auto Finance News Staff
On Wednesday, Zoom Auto Protect announced the official rollout of its artificial intelligence-powered claims and concierge platform. The extended auto warranty provider highlighted its new system can deliver instant coverage decisions, nationwide repair shop integration, and improved customer satisfaction. “This ... [Read More]

FTC gets federal court involved in complaint against debt-relief operation

FTC outlines 3 goals for improved digital economy
Wednesday, Jul. 23, 2025, 10:42 AM
SubPrime Auto Finance News Staff
The Federal Trade Commission is continuing to police operations that bill themselves as offering consumer debt relief. According to a news release, a federal court at the FTC’s request has temporarily halted an alleged debt relief services scheme that targeted ... [Read More]

Cox Automotive & FICO tackle complexities of subprime auto finance amid increasing student-loan delinquency

Tuesday, Jul. 22, 2025, 09:53 AM
SubPrime Auto Finance News Staff
TransUnion previously reported that consumers who have recently gone delinquent on their federal student loans because of policy changes have seen their credit scores drop by 60 points on average. That decrease might shift those individuals into the subprime credit ... [Read More]

COMMENTARY: New frontier of used-vehicle acquisition and F&I’s pivotal role

Details of upcoming repossession webinars from ARA & Weltman
Monday, Jul. 21, 2025, 09:20 AM
Paul McCarthy, Protective Asset Protection
The method in which auto dealers acquire used inventory is rapidly changing. Historically reliant on auctions and trade-ins, a surging demand for pre-owned vehicles and persistent market scarcity are compelling dealers to aggressively purchase directly from consumers at an unprecedented ... [Read More]
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