Time dwindling to submit public comments about House’s major CFPB reform proposal
Wednesday, Aug. 12, 2026, 11:19 AM
F&I Sentinel, Global Lending Services, CHAMP again among Inc. 5000
Wednesday, Aug. 12, 2026, 11:13 AM
Cox Automotive: Subprime share decreases again in July, as loan terms stay at all-time high
Tuesday, Aug. 11, 2026, 10:16 AM
Deeper dive into rising LTVs with TransUnion’s Satyan Merchant
One of the notable findings from TransUnion’s Q2 2026 Credit Industry Insights Report (CIIR) was how much loan-to-value ratios have changed in the past five years. Satyan Merchant, one of this year’s Automotive Intelligence Award recipients and senior vice president ... Listen Here
PayNearMe chief product officer John Minor on intersection of payments & technology
PayNearMe recently shared new search, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about ... Listen Here
Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
Top 25 cities financing oldest used vehicles
SubPrime Auto Finance News Staff
In its newest study of used-vehicle sales, LendingTree analyzed more than 600,000 auto-finance queries from prospective contract holders in the top 100 U.S. metro areas based on population. Analysts found the city with residents financing the oldest used vehicle on average ... [Read More]
DealerSocket revamped financing menu fueled by F&I Express integration
SubPrime Auto Finance News Staff
A refreshed F&I menu was part of the newest innovations rolled out by DealerSocket at the 2020 NADA Show. That menu is connected with DealerSocket’s PrecisePrice digital retail solution and stems from an integration with F&I Express and its Express ... [Read More]
RoadVantage hires experienced rental-car professional as new operations support manager
SubPrime Auto Finance News Staff
RoadVantage named its new operations support manager this week, choosing a professional with extensive experience in the rental-car industry. The F&I product provider hired Mark Johnson, who RoadVantage described as an innovative operations professional and a visionary leader with a ... [Read More]
CFPB considering more rules involving time-barred debt disclosures
SubPrime Auto Finance News Staff
Last week, the Consumer Financial Protection Bureau shared their latest action involving collections and time-barred debt disclosures. The bureau issued a supplemental notice of proposed rulemaking (supplemental NPRM) regarding the collection of time-barred debt. The bureau proposes to prohibit collectors ... [Read More]
TransUnion: Outstanding contracts top 83 million to close 2019
Nick Zulovich, Senior Editor
The latest TransUnion data gives crystal clear evidence to show just how much the auto-finance market has grown during the past three years. Analysts reported 2016 closed with 75.8 million contracts in portfolios. By the close of this past year, ... [Read More]
AFIP gives annual scholarship during NADA Show 2020
SubPrime Auto Finance News Staff
The Association of Finance & Insurance Professionals (AFIP) recently handed out its Jakob Murray Lange Memorial Scholarship. This year’s recipient honored during the annual Northwood University Dealer Education Awards breakfast at NADA Show 2020 in Las Vegas was Katie DeMarse, ... [Read More]
Assurant highlights capabilities of Virtual Coach for dealership F&I personnel
SubPrime Auto Finance News Staff
Assurant is looking to help dealership employees in the finance department stay sharp. The company recently launched Virtual Coach, a simulated, interactive classroom experience as part of the Assurant Virtual Learning Platform. The new programs are from the Assurant Performance ... [Read More]
Nicholas acquires $19M of Platinum’s active portfolio
SubPrime Auto Finance News Staff
One subprime auto finance company is absorbing much of the portfolio of another provider. On Thursday, Nicholas Financial announced today that it has entered into an agreement with Platinum Auto Finance to acquire approximately $19 million of Platinum’s active and ... [Read More]
California governor seeking to create CFPB-like agency
SubPrime Auto Finance News Staff
According to an online post by the California Department of Business Oversight, Gov. Gavin Newsom’s proposed 2020-21 state budget includes a component that would modify the state regulatory structure to “cement California’s consumer protection leadership amidst a retreat on that ... [Read More]
Resolvion outlines new client success department
SubPrime Auto Finance News Staff
This week, Resolvion announced the launch of its new client success team. The skip-trace and repossession management firm explained the objective of this new initiative is to provide a more holistic and seamless approach to ensuring that client specific requirements ... [Read More]
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