Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Repo Roundtable gives agents opportunity to educate lenders
Wednesday, Jan. 21, 2026, 05:44 PM
In another session during Used Car Week 2025 that filled a room to near capacity, the Repo Roundtable is now available through this episode of the Auto Remarketing Podcast. Led by Lauren Kimbrell of Advanced Collateral Recovery, five other repossession ... Listen Here
4 experts on dealer M&A, retail buy-sell landscape
Tuesday, Jan. 20, 2026, 05:32 PM
Dealership acquisitions and ownership changes seem to surface multiple times per week nowadays. How those deals come to fruition was the focus of a Used Car Week 2025 panel discussion led by Cherokee Media Group’s Joe Overby. Sharing their insights ... Listen Here
3 lender executives on affordability & more in auto finance
Tuesday, Jan. 20, 2026, 05:09 PM
Used Car Week 2025 featured a panel focused on the state of auto finance. Led by Jennifer Martin of the NAF Association, Christopher Mitcham of Santander Consumer USA, Mary Leigh Phillips of Bridgecrest Acceptance and Amy Brooks of Chase Auto ... Listen Here

ACA International adds to corporate legal team

new hire 2
Wednesday, Jan. 15, 2020, 02:15 PM
SubPrime Auto Finance News Staff
This week, ACA International added Colin Winkler as the association’s new corporate counsel at its Minnesota headquarters. Winkler, an attorney with 10 years of experience, previously served as an attorney editor with Thomson Reuters’ statutes editorial team, where he led ... [Read More]

EFG Companies & Inovatec each pass rigorous data security tests

cloud computing
Wednesday, Jan. 15, 2020, 02:05 PM
SubPrime Auto Finance News Staff
EFG Companies and Inovatec are taking extra precautions to make sure the data their clients entrust to them remains safe and secure. Inovatec, a cloud-based software solutions provider, recently announced that it has completed its SOC 1 Type II and ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
Read More

Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
Read More

The ART of AI: A Dealership Guide to Deploying AI With Confidence

AI is rapidly reshaping dealership operations, yet most stores are still in early experimentation mode. According to the Cox Automotive...
Read More

Survey: 6 privileges student loan borrowers would give up for debt forgiveness

news pic
Tuesday, Jan. 14, 2020, 03:26 PM
SubPrime Auto Finance News Staff
As your finance company’s underwriting department receives applications from your dealership network, there’s a notable possibility the person looking to acquire a vehicle also is carrying a fair amount of student loan debt. According to a recent estimate from the ... [Read More]

New website offers VSCs after vehicle delivery to increase dealer F&I sales

servicecontract
Monday, Jan. 13, 2020, 04:29 PM
SubPrime Auto Finance News Staff
Another provider entered the F&I marketplace this year to connect with consumers who did not opt to secure a vehicle service contract (VSC) at the time of their new- or used-vehicle purchase.   Vincent Odoardi, managing partner of Bedford Chrysler Dodge ... [Read More]

Hudson Cook partner among 4 picked for CFPB taskforce on federal consumer financial law

legal analysis
Friday, Jan. 10, 2020, 02:55 PM
SubPrime Auto Finance News Staff
The American Financial Services Association applauded one of the first actions of 2020 made by the Consumer Financial Protection Bureau (CFPB). A Hudson Cook partner is among the four members who will serve on the bureau’s taskforce on federal consumer ... [Read More]

Veros Credit points to 2 components fueling origination gains and dealer satisfaction

auto financing
Thursday, Jan. 9, 2020, 04:35 PM
SubPrime Auto Finance News Staff
Veros Credit attributed two specific performance metrics and critical enhancements that pushed the subprime auto finance company to a record-breaking year in 2019 and boosted dealer satisfaction to an all-time high. According to a news release sent to SubPrime Auto ... [Read More]

Experian: Average credit scores at highest level in 9 years

red arrow graphic
Tuesday, Jan. 7, 2020, 07:45 PM
SubPrime Auto Finance News Staff
Experian confirmed what you might also be seeing in your F&I office or underwriting department. Consumer credit scores are generally getting a bit higher. According to its annual State of Credit report, Experian said Americans' average credit score has increased ... [Read More]

Secure Collateral Management reiterates payment pledge to repo agents

Money stack_139679788
Tuesday, Jan. 7, 2020, 07:04 PM
SubPrime Auto Finance News Staff
Secure Collateral Management (SCM) highlighted that its network of repossession agents has grown by 300% since 2013. And the skip-tracing provider and forwarding company is looking to stay on that trajectory by reiterating its pledge about paying those agents when ... [Read More]

November auto defaults remain below recent cyclical peaks

News 1204164946
Tuesday, Jan. 7, 2020, 03:04 PM
SubPrime Auto Finance News Staff
While default data for the closing month of 2019  is still a couple of weeks away from being released, S&P Dow Jones Indices and Experian previously shared their default metrics for November. And the auto-finance metric remained below the cyclical ... [Read More]

Average APR on used & new financing softens as 2019 closes

car and money 1406114906
Monday, Jan. 6, 2020, 04:17 PM
SubPrime Auto Finance News Staff
While most used-vehicle financing metrics closed 2019 at a steady pace, Edmunds noticed the average interest rate for a new-vehicle retail installment contract fell for the third month in a row in December, dropping to its lowest point since February ... [Read More]
X