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

Interest rates likely to stay low for 2 more years

interest rates

Thursday, Apr. 29, 2021, 03:17 PM

SubPrime Auto Finance News Staff

As finance companies modify their ongoing strategies, perhaps what the Federal Reserve does with interest rates will give executives at least one consistent ingredient on which to build forward-looking plans. Members of the Federal Open Market Committee (FOMC) decided unanimously ... [Read More]

Weltman & DRN hosting free webinar to prepare for potential repo surge

problems and solutions

Wednesday, Apr. 28, 2021, 03:16 PM

SubPrime Auto Finance News Staff

Weltman, Weinberg & Reis Co. and DRN are joining forces for a free, two-part educational webinar in an effort to help the entire repossession and recovery industries prepare for what might be coming down the default pipeline this year. In ... [Read More]

3 ways US Equity Advantage expanded cybersecurity protections

fraud magnifying glass

Wednesday, Apr. 28, 2021, 02:56 PM

SubPrime Auto Finance News Staff

US Equity Advantage (USEA) acknowledged that the current digital landscape is rampant with expanding cyber threats and cybercriminals getting smarter by the day. As a result, the biweekly installment contract payment service recapped this week how it’s taking steps to ... [Read More]

Fitch Ratings: Despite resilient overall market, subprime auto ABS remains at risk

money, crystal ball_787102489

Wednesday, Apr. 28, 2021, 02:54 PM

SubPrime Auto Finance News Staff

Generally, Fitch Ratings has an upbeat assessment of automotive asset-backed securities performance, but the subprime segment still has firm experts concerned. Fitch Ratings said this week that auto ABS has been more resilient than initially expected through the pandemic and ... [Read More]

Edmunds: Soaring prices for trades reduce negative-equity challenges

cars at dealership

Tuesday, Apr. 27, 2021, 02:21 PM

SubPrime Auto Finance News Staff

Dealerships often face the challenge of their potential buyers bringing a sizeable amount of negative equity with them via their trade, creating a hurdle to get a deal bought within their network of finance companies. Times have changed tremendously, based ... [Read More]

In lieu of 30th anniversary party, AUL celebrates with sales record

Friday, Apr. 23, 2021, 12:25 PM

SubPrime Auto Finance News Staff

The pandemic put the kibosh on any in-person festivities AUL Corp. had planned a year ago to celebrate its 30th anniversary. But the full-service F&I provider certainly is pretty jovial since the company still had reasons to revel thanks to ... [Read More]

Portfolio adds NWAN founder to board of directors

kelly portfolio for web

Friday, Apr. 23, 2021, 12:22 PM

SubPrime Auto Finance News Staff

Portfolio’s newest board member certainly has significant familiarity with how the F&I industry functions. The company announced this week that Kelly Price has been appointed executive vice president of strategic ventures and has joined the company’s board of directors. Price ... [Read More]

Auto defaults now below 1% for 15 straight months

money and key_169254722

Thursday, Apr. 22, 2021, 01:46 PM

SubPrime Auto Finance News Staff

The auto default rate now has been below the 1% level for 15 consecutive months, according to data assembled by S&P Dow Jones Indices and Experian. The streak continued thanks to a small dip in the auto segment of the ... [Read More]

RMAI gives 2 awards as annual conference returns in person

Wednesday, Apr. 21, 2021, 03:58 PM

SubPrime Auto Finance News Staff

In more signs that the industry is returning to some normalcy, the Receivables Management Association International (RMAI) held its 2021 annual conference in Las Vegas earlier this month, welcoming more than 500 attendees in person and another 150 virtual attendees ... [Read More]

Newest ARA whitepaper examines boilerplate clause

best practices

Wednesday, Apr. 21, 2021, 03:56 PM

SubPrime Auto Finance News Staff

The American Recovery Association’s relationship with its newest industry partner recently produced more fruit to help members. Through its latest industry whitepaper, ARA highlighted that Bassford Remele takes a closer look at problematic provisions in a boilerplate clause, including: • ... [Read More]

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