Edmunds on why appeal of used EVs could surge as gas prices keep rising & affordability remains challenging

Wednesday, Mar. 11, 2026, 10:30 AM

PODCAST: Carleton’s Tim Yalich on how critical accurate payment information is to today’s car shoppers

Tuesday, Mar. 10, 2026, 10:57 AM

Already the top factor holding back dealership business, potential economic headwinds build

Monday, Mar. 9, 2026, 10:53 AM

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Experts see Middle East conflict making current car & credit markets even challenging

Edge Financial Services names Marohn as CEO to lead growth strategy

Another former T-Mobile executive joins Credit Acceptance

Industry Elite: Sean Morgan of Westlake Financial

Monday, Mar. 23, 2026, 03:07 PM

Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here

Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings

Monday, Mar. 23, 2026, 01:56 PM

Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here

Industry Elite: Mike Clark Jr. of C&C Cars

Friday, Mar. 20, 2026, 03:50 PM

Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business ... Listen Here

Prestige Financial Services promotes Hyde to be president

Tuesday, Oct. 13, 2020, 02:07 PM

SubPrime Auto Finance News Staff

An executive previously honored as one of the industry’s Movers & Shakers by SubPrime Auto Finance News now is the president of the Prestige Financial Services. The business enterprise group within the Larry H. Miller Group of Companies will be ... [Read More]

Equifax snapshot gives glimpse of current subprime volume

subprime auto financing

Monday, Oct. 12, 2020, 03:19 PM

SubPrime Auto Finance News Staff

Equifax recently offered a week-long snapshot of auto financing originated during the middle of September, revealing the amount of subprime financing providers are booking. According to Equifax estimates during the week of Sept. 13, the industry generated 14,100 retail installment ... [Read More]

APCO Holdings honored among the 2020 Best and Brightest Companies in the Nation

APCO award for web

Monday, Oct. 12, 2020, 03:17 PM

SubPrime Auto Finance News Staff

APCO Holdings recently made it to a prestigious list of successful companies for the fifth time. The administrator of automotive F&I products and home to the EasyCare, GWC Warranty and MemberCare brands was named one of the 2020 Best and ... [Read More]

defi SOLUTIONS names new CEO

executive boardroom

Friday, Oct. 9, 2020, 05:12 PM

SubPrime Auto Finance News Staff

There’s been a change in the top leadership position at defi SOLUTIONS. On Friday, the company that partners with captives, banks, credit unions and finance companies to help them transform their operations announced the appointment of Tom Allanson as chief ... [Read More]

CPS receives $135M acquisition pitch from Auto Experience

news pic

Friday, Oct. 9, 2020, 02:24 PM

SubPrime Auto Finance News Staff

Quite an example of public negotiating surfaced on Thursday, with a subprime auto finance company that’s been in operation for nearly 30 years being called “significantly undervalued.” Auto Experience, a firm led by one of the founders of Exeter Finance ... [Read More]

CFPB emphasizes 3 elements for possible early termination of consent orders

CFPB building

Friday, Oct. 9, 2020, 02:22 PM

SubPrime Auto Finance News Staff

Finance companies that reach consent orders with the Consumer Financial Protection Bureau received a bit more clarity about them this week. The bureau issued a policy statement on applications for early termination of consent orders that outlines process for entities ... [Read More]

PODCAST: Experian on growing depth, value of alternative data

podcast image

Thursday, Oct. 8, 2020, 02:12 PM

SubPrime Auto Finance News Staff

According to Experian’s latest State of Alternative Credit Data report, 80% of consumers feel including items such as utility or mobile phone payment history would have a positive impact on their credit score. And nearly 90% of finance believe alternative ... [Read More]

DriveTime fills new role with former Wells Fargo executive

DriveTime___Chase_McDonough for web

Wednesday, Oct. 7, 2020, 03:12 PM

SubPrime Auto Finance News Staff

DriveTime created a new executive position and filled it on Wednesday with a former member of the investment team at Wells Fargo. According to a news release, taking on this newly created role as assistant vice president of corporate development ... [Read More]

Portfolio calls new spiff program a ‘game-changer’

Portfolio Accelerate_card for web

Wednesday, Oct. 7, 2020, 03:10 PM

SubPrime Auto Finance News Staff

Getting a little extra in the paycheck certainly can help in a myriad of ways, especially nowadays. This week, Portfolio announced the launch of Portfolio Accelerate, a new spiff program for F&I professionals. Built upon a fully web-based platform, the ... [Read More]

ARA partners with ACV to sell repos from members’ storage facilities

ACV

Wednesday, Oct. 7, 2020, 03:00 PM

SubPrime Auto Finance News Staff

The American Recovery Association is looking to smooth one of the most challenging parts of the recovery process through what the organization is calling a “ground-breaking” partnership with ACV Auctions. With access to ACV’s inspection services and active marketplace, ARA ... [Read More]

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