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Latest Stories

Subprime share moving opposite of Dealertrack Credit Availability Index, which hits highest point in more than 4 years

PODCAST: Experian’s Melinda Zabritski discusses ongoing stretching of terms

Explaining ‘genuine crosscurrents’ that could impact auto finance & retail this summer

Experian’s Melinda Zabritski discusses ongoing stretching of terms

Friday, Jun. 12, 2026, 09:35 AM

The latest appearance on the Auto Remarketing Podcast by Melinda Zabritski, Experian’s head of automotive financial insights and Automotive Intelligence Award recipient, focused on auto-loan terms, which oftentimes are at least 72 months nowadays. Zabritski also compared a data point ... Listen Here

Forming the Transport Queens with Amber Gosney of SYCN Auto Logistics

Tuesday, Jun. 2, 2026, 01:30 PM

Listen Here

PODCAST: Autonomous vehicles & the used-car market with Peter Janczewski of Draiver

Tuesday, Jun. 2, 2026, 01:23 PM

We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. To get a better understanding of how autonomous technology ... Listen Here

Cox Automotive predicts ‘significant’ climb in repo volume

money-key

Wednesday, Jan. 13, 2021, 04:11 PM

Nick Zulovich, Senior Editor

Cox Automotive estimates that repossession volume will make a “significant” rise in 2021 compared to last year. According to data shared during Friday’s Cox Automotive Industry Insights 2021 presentation, repossession volume in 2020 softened to the lowest level in five ... [Read More]

Report: Value consumers get for GAP coverage continues to rise

amtrust graphic for web

Wednesday, Jan. 13, 2021, 03:59 PM

SubPrime Auto Finance News Staff

A report compiled by AmTrust Financial Services showed how much value consumers are getting from F&I products, especially guaranteed asset protection (GAP) coverage as well as owners who operate their vehicles where weather and road conditions are poor. The AmTrust ... [Read More]

Remitter USA now has new CEO & VP of sales

remitter for web

Tuesday, Jan. 12, 2021, 04:21 PM

SubPrime Auto Finance News Staff

Remitter USA is beginning its journey through 2021 with revamped leadership, including a new chief executive officer and vice president of sales. Now overseeing the white-labeled digital communications platform powered by artificial intelligence that can help finance companies maximize revenue ... [Read More]

PPP restarts this week by SBA & Treasury

covid flag and cash

Monday, Jan. 11, 2021, 03:57 PM

SubPrime Auto Finance News Staff

This week’s restart of the Paycheck Protection Program (PPP) could benefit dealerships and finance companies directly if they choose to apply for and are granted loans through this federal program. Or PPP could provide a trickle-down effect for stores and ... [Read More]

Protective Asset Protection finalizes acquisition of Revolos to enhance F&I portfolio

merger and acqusition red greeen and white

Friday, Jan. 8, 2021, 02:37 PM

SubPrime Auto Finance News Staff

Here’s another update to start 2021 from our busy mergers and acquisitions desk. Protective Life Corp., overseer of Protective Asset Protection and a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, announced this week it completed the transaction to acquire ... [Read More]

DriveItAway joins effort to end ‘Poverty of the Carless’

driver-key

Thursday, Jan. 7, 2021, 07:29 PM

SubPrime Auto Finance News Staff

A 2019 study published in the Journal of Planning Education and Research examined how vehicle ownership and income are directly related to poverty, coining the term, “Poverty of the Carless.” During the past 60 years, the study indicated all advances ... [Read More]

Edmunds data shows widening gap between new and used financing metrics

auto financing

Thursday, Jan. 7, 2021, 04:40 PM

SubPrime Auto Finance News Staff

The financing metrics Edmunds compiled and shared this week might have reinforced why more budget-limited consumers likely made a used-vehicle purchase rather than going for a new model. According to Edmunds data, December financed new-car purchases represented the highest average ... [Read More]

Sonsio & Evolution by Dent Wizard complete merger of protection & warranty providers

sonsio for web

Wednesday, Jan. 6, 2021, 04:30 PM

SubPrime Auto Finance News Staff

The new year is opening with mergers coming to fruition. On the heels of a development involving First Investors Financial Services, Sonsio, a leading provider of vehicle protection and warranty programs to the automotive aftermarket, announced its merger with Evolution, ... [Read More]

About 100 recommendations surface from CFPB taskforce on consumer financial law

CFPB building

Wednesday, Jan. 6, 2021, 04:27 PM

SubPrime Auto Finance News Staff

A year-long project commissioned by the Consumer Financial Protection Bureau produced quite a rundown of suggestions for the regulator as well as state and federal lawmakers and agencies on how they could improve. The CFPB Taskforce on Federal Consumer Financial ... [Read More]

First Investors completes merger with 2 investment firms

merger and acquisition pic on table

Tuesday, Jan. 5, 2021, 04:33 PM

SubPrime Auto Finance News Staff

A merger Financial Services Group first revealed in October now is closed, according to an announcement on Tuesday. First Investors said the acquisition of the subprime auto finance company by funds affiliated with Gallatin Point Capital and minority investor Jacobs ... [Read More]

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