The Work Number Record Indicator from Equifax now available for auto loans

Monday, Apr. 20, 2026, 12:28 PM

Agora Data & PassTime team up for dealer discount

Monday, Apr. 20, 2026, 12:27 PM

Subprime share pushes Dealertrack Credit Availability Index to highest reading in nearly 4 years

Friday, Apr. 17, 2026, 11:01 AM

Latest Stories

Weltman, Weinberg & Reis hires 2 more attorneys for Ohio offices

Navy Federal Credit Union’s Cost of Car Ownership Index reaches new high

Fed’s Waller recaps impact of labor market’s ‘head-snapping volatility’ on policymakers’ next rate decision

Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’

Sunday, Apr. 19, 2026, 04:27 AM

Kathi Kruse, the Automotive CFO-To-Go who brings her financial expertise — born through years of experience as a dealership chief financial officer — to dealers needing help in that area, is back on the Auto Remarketing Podcast. In this episode, ... Listen Here

Talking about the car business in the US & Canada with Peter Smith of the Lion Partnership

Monday, Apr. 13, 2026, 03:50 PM

As Cherokee Media Group was getting ready to host the Used Car Industry Summit in Miami, Peter Smith of the Lion Partnership spent some time with Nick Zulovich for this episode of the Auto Remarketing Podcast. Smith recapped some of ... Listen Here

SPONSORED EPISODE: Allied Solutions reviews Q1, pinpoints signals of loan health

Tuesday, Apr. 7, 2026, 07:55 PM

John Elias and Peter Krall of Allied Solutions returned for another special sponsored episode of the Auto Remarketing Podcast. Elias and Krall recapped some of the most notable developments in auto finance from the first quarter of 2026. The Allied ... Listen Here

Powell shifts from Santander to Wells Fargo among 5 executive moves

executive boardroom

Tuesday, Dec. 3, 2019, 03:45 PM

SubPrime Auto Finance News Staff

Santander Holdings USA, Santander Consumer USA Holdings and Wells Fargo all made high-level leadership changes on Tuesday morning with an executive shifting from one institution to the other being among the moves. According to separate news releases, Timothy Wennes has ... [Read More]

CRB Auto now part of RouteOne eContracting base

handshake-2

Monday, Dec. 2, 2019, 04:31 PM

SubPrime Auto Finance News Staff

Amid all of the Black Friday retail activities, RouteOne announced that CRB Auto is now an available eContracting finance source for dealers utilizing the RouteOne platform. The companies reiterated that eContracting can enable the digital exchange of critical contract documents ... [Read More]

S&P Global Ratings sees generally positive ABS performance even as terms lengthen

bar-chart

Monday, Dec. 2, 2019, 04:24 PM

SubPrime Auto Finance News Staff

While keeping a close watch on lengthening contract terms, S&P Global Ratings reported that collateral performance was generally positive for the U.S. auto loan asset-backed securities (ABS) sector in September. “Losses and 60-plus-day delinquencies decreased month over month as well ... [Read More]

Fed upbeat about economy even as consumer confidence wobbles slightly

Lael Brainard file

Wednesday, Nov. 27, 2019, 03:14 PM

SubPrime Auto Finance News Staff

In separate public appearances this week, two members of the Federal Reserve Board gave similar, upbeat assessments about the economy and the prospects for steady performance next year. However, one of the prominent measurements of consumer sentiment showed that individuals ... [Read More]

PODCAST: Industry update from NAF Association leadership

UCW letters by Jonathan

Tuesday, Nov. 26, 2019, 03:30 PM

SubPrime Auto Finance News Staff

As part of our collection of podcasts originating from Used Car Week 2019, Nick Zulovich shared a conversation with the leadership of the National Automotive Finance Association. Current president Joel Kennedy and executive director Jack Tracey discussed what they’re hearing ... [Read More]

Massachusetts AG lands nearly $1M judgment against independent dealer

legal analysis

Monday, Nov. 25, 2019, 04:44 PM

SubPrime Auto Finance News Staff

The Massachusetts attorney general recently landed a judgment against an independent dealership totalling nearly $1 million for nearly a half dozen allegations. Attorney general Maura Healey recently announced this judgment includes restitution to consumers to resolve allegations that the dealership in ... [Read More]

Latest Credit Acceptance ABS financing & update on dealer fees

money-stack

Monday, Nov. 25, 2019, 04:41 PM

SubPrime Auto Finance News Staff

After revealing a change in its latest quarterly report about how dealer fees are collected, Credit Acceptance Corp. also recently shared the details about its completion of a $351.7 million asset-backed non-recourse secured financing. Pursuant to this transaction, Credit Acceptance ... [Read More]

Capital One survey shows soft buyer confidence in securing financing

dealership

Friday, Nov. 22, 2019, 03:55 PM

SubPrime Auto Finance News Staff

Consumers appear to have a notable desire to purchase a vehicle amid the upcoming holiday shopping season. Their sureness that a finance company will underwrite the contract so they can take delivery doesn’t appear to be on the same level. ... [Read More]

October auto default rate stays on par with historical trendline

bar-chart

Thursday, Nov. 21, 2019, 03:06 PM

SubPrime Auto Finance News Staff

While a bit higher than the year-ago reading, the latest auto-finance default rate included among the S&P/Experian Consumer Credit Default Indices is on par with what the metric has been in October multiple times during the past five years. This ... [Read More]

Federal and state regulators approve merger of BB&T and SunTrust

SuntrustBBT

Wednesday, Nov. 20, 2019, 04:35 PM

SubPrime Auto Finance News Staff

A banking merger first announced back in February finally received a blessing from federal regulators on Tuesday. The Federal Reserve Board met and approved the application by BB&T Corp. of Winston-Salem, N.C., to merge with SunTrust Banks of Atlanta, becoming ... [Read More]

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