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Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here

More mixed views of consumer confidence create added headwinds for vehicle purchase plans

SubPrime Auto Finance News Staff
How consumers are really doing and feeling nowadays varies significantly depending on which measurement you are viewing. Confidence is up, but so is stress. While the Conference Board’s Consumer Confidence Index increased in February, the LegalShield Consumer Stress Legal Index ... [Read More]

Startup gives 7-step plan using tax refunds to help consumers with thin credit histories

SubPrime Auto Finance News Staff
A startup dedicated to building a more inclusive credit system recently released new financial guidance tailored for consumers with no or thin credit histories on what to do with their federal tax refunds. According to the third update for this ... [Read More]

Agora Data & Figure Technologies to launch first blockchain-based auto loan platform for real-world assets

Nick Zulovich
A recently formed partnership is bringing blockchain technology to the non-prime auto finance industry, with dealerships being among the intended beneficiaries. Agora Data and Figure Technology Solutions are collaborating to launch what they claim is the first blockchain-enabled platform, bringing ... [Read More]

Fed’s Bowman outlines path to ‘tailored’ supervision

SubPrime Auto Finance News Staff
Michelle Bowman, who serves as vice chair for supervision at the Federal Reserve, testified on Thursday during a hearing in Washington, D.C., hosted by the Senate Banking Committee. How Bowman said the Federal Reserve approaches supervisory and regulatory activities of ... [Read More]

January VantageScore report shows how affordability impact is chipping away at consumer credit health

SubPrime Auto Finance News Staff
Experts from VantageScore are taking measured reactions when reviewing the January data highlighted in the latest edition of CreditGauge — a report that showed modest upticks in overall delinquency rates and slight deterioration in credit scores. Looking at overall delinquency ... [Read More]

CarMax & DOJ settle allegations of repossessing vehicles of active servicemembers

SubPrime Auto Finance News Staff
Allegedly not handling vehicles correctly with members of the military on active duty landed CarMax in trouble with the Justice Department to the tune of nearly $500,000. On Monday, Justice Department officials announced that they have reached a settlement with ... [Read More]

StoneEagle: PVR record in November among Q4 performances generated by dealer F&I departments

SubPrime Auto Finance News Staff
StoneEagle data showed dealerships had a lot to be thankful for, especially in November, when it came to the performance of their F&I departments during the fourth quarter. The newest StoneEagleDATA F&I Benchmark Report indicated that in the fourth quarter, ... [Read More]

6 top executive moves at APCO Holdings

SubPrime Auto Finance News Staff
APCO Holdings recently announced six executive leadership moves and promotions designed to strengthen its support of customers, expand growth across channels, and enhance operational capabilities. The provider of F&I products and dealer solutions began by saying Tony Wanderon has been ... [Read More]

Economic roundup: Recession outlook & explaining Supreme Court decision about tariffs via automotive

Nick Zulovich, Senior Editor
Experts from Comerica Bank, Edmunds and S&P Global Ratings tackled a variety of economic topics with connections to automotive, including the chance of a recession in the next 12 months, the Supreme Court’s decision about President Trump’s tariffs, and gross ... [Read More]

Yendo lands $200M funding commitment from i80 Group to continue growth of vehicle-secured credit card

SubPrime Auto Finance News Staff
In October, Yendo announced a $50 million Series B funding round to fuel its efforts to grow as a company that claims to be behind the first-ever vehicle-secured credit card. Now at a time when private debt markets remain historically ... [Read More]

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