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What might be next for Amazon Autos
Thursday, Jan. 15, 2026, 03:52 PM
Cherokee Media Group’s Bill Zadeits hosted a fireside chat with Fan Jin, global leader of Amazon Autos, during Used Car Week 2025. Their wide-ranging conversation about the past, present and future of the online platform and its involvement with automakers ... Listen Here
Auto-finance leaders on growth, risk & recovery
Thursday, Jan. 15, 2026, 03:07 PM
It’s a question any business must answer, but it’s especially important in auto finance. How do you balance growth and risk? A trio of industry executives — Mike Goins of TD Bank, Jeff Marsh of Millennium Capital and Recovery and ... Listen Here
Expectations for repossessions in the US & Canada with Purr’s Chris Schellenberger
Wednesday, Jan. 14, 2026, 07:48 PM
Purr founder and CEO Chris Schellenberger opened Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Schellenberger, whose unique business model offers a retail consignment platform for repossessed vehicles, discussed what the repo industry could be ... Listen Here

Secure Collateral Management reiterates payment pledge to repo agents

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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

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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

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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]

Santander completes purchase of $1.1 billion auto loan portfolio

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Friday, Jan. 3, 2020, 05:16 PM
SubPrime Auto Finance News Staff
Just before Christmas, Santander Consumer USA Holdings wrapped up the purchase of  a $1.1 billion indirect vehicle loan portfolio from Gateway One Lending & Finance, the finance company announced. Also included in the deal is an additional conversion of $0.5 ... [Read More]

Partnership could bring continued expansion for Westlake Financial

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Friday, Jan. 3, 2020, 05:01 PM
SubPrime Auto Finance News Staff
Westlake Financial and Nowcom Corp. say that their new strategic partnership with Source One Financial Corp. allows Westlake expansion to continue in what they say is a large and growing Canadian non-prime automotive finance market. Through the partnership, Westlake will provide backing for ... [Read More]

More 2020 expectations on affordability and interest rates

2020 projections
Friday, Dec. 13, 2019, 04:23 PM
SubPrime Auto Finance News Staff
As part of its expectations for the 2020 credit market, TransUnion acknowledged that issues surrounding vehicle affordability will continue to persist in the coming year. But with the Federal Reserve leaving interest rates unchanged this week — and policymakers alluding ... [Read More]

Kraninger highlights accomplishments during first year leading CPFB

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Thursday, Dec. 12, 2019, 03:09 PM
SubPrime Auto Finance News Staff
This week, Consumer Financial Protection Bureau director Kathleen Kraninger celebrated her one-year anniversary leading the regulator. Kraninger highlighted through a news release that during her first year she met with more than 800 consumers, consumer groups, state and local government ... [Read More]

Top 10 states for 30-day delinquency in Q3

collections
Wednesday, Dec. 11, 2019, 04:34 PM
SubPrime Auto Finance News Staff
Perhaps signaling locations where your collections department needs to tailor its focus, Experian pinpointed the top 10 states with the highest rates of 30-day delinquency after the third quarter. According to Experian’s Q3 2019 State of the Automotive Finance Market ... [Read More]

EFG Companies reveals 4 predictions about F&I and other dealership activities in 2020

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Wednesday, Dec. 11, 2019, 04:19 PM
SubPrime Auto Finance News Staff
On Wednesday, four leading executives from EFG Companies made their 2020 predictions and recommendations for the retail automotive and powersports F&I markets. With what they see as potentially another flat year on the horizon, the EFG leaders predicted that the ... [Read More]

KBRA shares expectations for 2020 ABS market

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Wednesday, Dec. 11, 2019, 04:17 PM
SubPrime Auto Finance News Staff
The Kroll Bond Rating Agency (KBRA) released its 2020 forecast for the automotive asset-backed securities, mentioning how a new participant might generate more activity in this arena. Analysts said in their report shared with SubPrime Auto Finance News this week ... [Read More]
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