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

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Edge Financial Services names Marohn as CEO to lead growth strategy

Another former T-Mobile executive joins Credit Acceptance

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

Industry Elite: Sean Morgan of Westlake Financial

Monday, Mar. 23, 2026, 03:07 PM

Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here

Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings

Monday, Mar. 23, 2026, 01:56 PM

Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here

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

CFPB seeks applicants for 4 advisory committees

executive boardroom

Friday, Jan. 17, 2020, 02:39 PM

SubPrime Auto Finance News Staff

This week, the Consumer Financial Bureau began to accept applications for membership on all four of its advisory committees — the Consumer Advisory Board, the Community Bank Advisory Council, the Credit Union Advisory Council and the Academic Research Council. The ... [Read More]

NJ governor signs law involving warranty notices from OEMs

mechanic

Wednesday, Jan. 15, 2020, 05:10 PM

SubPrime Auto Finance News Staff

The Auto Care Association welcomed a New Jersey law that the Garden State’s governor recently signed in connection with a new mandate that automakers now have regarding vehicle warranties. The association recapped that last week New Jersey Gov. Phil Murphy ... [Read More]

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]

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]

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