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

Black Book & Constant partner to reduce credit losses, increase recoveries

auto finance pic 2

Monday, Feb. 22, 2021, 04:46 PM

SubPrime Auto Finance News Staff

Black Book and Constant now are working together in an effort to help auto finance companies successfully navigate the potential rise in delinquencies and repossessions. Black Book enhanced data and analytics, including vehicle valuations, now have been integrated within the ... [Read More]

Portfolio among top Texas workplaces for 5th straight year

trophies

Friday, Feb. 19, 2021, 02:47 PM

SubPrime Auto Finance News Staff

Portfolio found a way to get its collective minds off of the frigid conditions currently in the Lone Star State at least for a little while this week. The provider of F&I products and reinsurance programs announced it was again ... [Read More]

US Equity Advantage unveils updated version of AutoPayPlus University

training

Friday, Feb. 19, 2021, 02:45 PM

SubPrime Auto Finance News Staff

US Equity Advantage (USEA) approaches its business activities with the strategy that a well-done onboarding program enhances work performance, boosts job satisfaction, fosters company loyalty and lowers employee turnover rates. Based on that premise, the biweekly installment contract payment service ... [Read More]

TransUnion: Subprime lags, though overall auto originations rebound

subprime auto financing

Thursday, Feb. 18, 2021, 04:34 PM

SubPrime Auto Finance News Staff

TransUnion discovered that finance companies originated paper at an overall pace during the third quarter of last year resembling what analysts spotted during Q3 of 2019. When looking closer at the subprime market, however, TransUnion found originations are lagging. Analysts ... [Read More]

PODCAST: Nicholas Financial president and CEO on subprime vitality & more

Wednesday, Feb. 17, 2021, 04:44 PM

SubPrime Auto Finance News Staff

Nicholas Financial president and chief executive officer Doug Marohn is back on the podcast for a discussion about the pandemic, fraud and the vitality of the subprime auto finance market. To listen to this episode, click on the link available below, ... [Read More]

Why S&P Global Ratings remains upbeat about auto ABS loss metrics

car and coins

Wednesday, Feb. 17, 2021, 04:40 PM

SubPrime Auto Finance News Staff

S&P Global Ratings is observing what it dubbed “generally better-than-expected loss results,” according to its latest report on the auto loan ABS market. And analysts gave an upbeat forecast for the trends to continue this year as unemployment levels tick ... [Read More]

Prestige hires former Mercedes-Benz captive executive

Bradley Bitner for web

Monday, Feb. 15, 2021, 03:54 PM

SubPrime Auto Finance News Staff

An executive who spent nearly 20 years with a luxury OEM’s captive finance company now is part of the leadership team at Prestige Financial Services. On Friday, the affiliate of The Larry H. Miller Group of Companies named Bradley Bitner ... [Read More]

SAFCO welcomes Gang as senior risk officer

Kenneth Bang for web

Monday, Feb. 15, 2021, 03:52 PM

SubPrime Auto Finance News Staff

SAFCO added an executive whose experience includes time with one of the subprime auto finance company’s competitors as well as posts with a large bank and an automaker's captive. Entrepreneur and fintech veteran Kenneth Gang recently joined SAFCO as its ... [Read More]

Denson joins Venable’s financial services practice

allen denson for web

Friday, Feb. 12, 2021, 03:22 PM

SubPrime Auto Finance News Staff

A legal expert who has appeared multiple times at Used Car Week and other industry events now is the newest partner at Venable. The law firm with locations in six states and the nation’s capital announced this week that Allen ... [Read More]

Westlake’s total portfolio closes 2020 above $12B

growth chart with man

Friday, Feb. 12, 2021, 03:19 PM

SubPrime Auto Finance News Staff

Fueled by 14.7% growth year-over-year, Westlake Technology Holdings reported this week that the finance company with a diversified portfolio beyond just subprime paper ended 2020 with $12.14 billion in total managed assets. Westlake highlighted nine other major achievements generated by ... [Read More]

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