Credit availability steady in January as negative equity climbs and terms stretch
Thursday, Feb. 12, 2026, 10:55 AM
Voting closes on President’s Day for 10 industry awards to be given at NARS 2026
Wednesday, Feb. 11, 2026, 01:00 PM
Labor scene still murky, creating potential headwind for automotive
Wednesday, Feb. 11, 2026, 10:38 AM
Kevin Roberts of CarGurus on 2026 Used-Car Market
Kevin Roberts, who is director of economic and market intelligence at CarGurus, is back on the show to talk about the hot start to 2026 for the retail used-car market. Roberts and Cherokee Media Group senior editor Joe Overby discuss ... Listen Here
Monday, Feb. 16, 2026, 07:18 PM
Cox Automotive on the vanishing divide between wholesale & retail
Used Car Week 2025 extended the ongoing conversation about how the wholesale and retail portions of the used-car market aren’t quite as distinct as they used to be. Cherokee Media Group’s Bill Zadeits hosted a fireside chat about the subject ... Listen Here
Friday, Feb. 13, 2026, 09:43 AM
2025 Women in Remarketing honorees describe their careers, industry changes & more
One of the foundational parts of Used Car Week each year is the lively conversation among the Women in Remarketing honorees. Moderated again by Brenda Rios of award program sponsor, Ally, hear the valuable perspectives and wisdom from some of ... Listen Here
Friday, Feb. 13, 2026, 09:43 AM
Veros Credit points to 2 components fueling origination gains and dealer satisfaction
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
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
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
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
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
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
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
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
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
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]
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