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

Latest Stories

NAF Association collecting nominations for awards to be given during 30th annual conference

ARA refutes suggestions of requiring use of specific third-party vendors

Fitch continues dialogue about affordability & delinquency with latest look at subprime auto securitizations

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

Industry Elite: Chuck Tapp of America’s Group

Friday, Mar. 20, 2026, 01:04 PM

Next up on our series with the inaugural Industry Elite: The C-Suite honorees is America’s Group CEO Chuck Tapp. In this episode, we revisit Tapp’s fireside chat with Cherokee Media Group president Bill Zadeits at Used Car Week 2025. They ... Listen Here

Industry Elite: Grace Huang of Cox Automotive

Thursday, Mar. 19, 2026, 04:49 PM

Kicking off our podcasts with the inaugural Industry Elite: The C-Suite honorees is a conversation with Grace Huang, president of Cox Automotive Inventory Solutions. Huang talks with Cherokee Media Group senior editor Joe Overby about her journey from business consultant ... Listen Here

ACA International adds to corporate legal team

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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]

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

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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

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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

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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

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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]

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