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
Trust Science names new chief data and analytics officer
SubPrime Auto Finance News Staff
The migration of experienced executives moving from one of the three traditional credit bureaus to Trust Science continued this week. The provider of artificial intelligence-powered credit scoring announced that Jeremy Mitchell has joined Trust Science as chief data and analytics ... [Read More]
ANALYSIS: Negative auto equity has doubled in 10 years
David Paris, J.D. Power
A new vehicle is one of the worst investments you can make. We’ve all heard it before: “Half the value is lost as soon as you drive it off the lot.” The fact is, however, that vehicles today are hanging ... [Read More]
RISC unveils recovery training specific to Massachusetts
SubPrime Auto Finance News Staff
Recovery professionals that conduct activities in Massachusetts now have another training opportunity to maintain their compliance knowledge. RISC recently launched the Massachusetts-specific collateral recovery training course as part of its CARS National Certification Program. The compliance services company emphasized that ... [Read More]
MaximTrak GO leverages text messages to generate F&I activity
SubPrime Auto Finance News Staff
This week, MaximTrak launched the latest tool available through its F&I platform by leveraging the capability and convenience of text messages. The company highlighted MaximTrak GO is designed to be a customer-driven, dealer-controlled menu presentation that can allow consumers to ... [Read More]
DigniFi broadens financing solutions to help dealers grow sales & service
SubPrime Auto Finance News Staff
DigniFi is looking to provide a financing option for dealership customers who might already be stretching their budget and then encounter a costly repair or other stumbling blocks to securing the necessary funds for vehicle delivery. On Wednesday, the company ... [Read More]
Auto-finance trends open 2020 on steady pace
SubPrime Auto Finance News Staff
The experts at ALG, Cox Automotive and Edmunds spotted a stable start to 2020 on the auto-finance front, with annual percentage rate (APR) for used vehicles remaining nearly steady and APR on new models moving higher but not dramatically. Plus, ... [Read More]
Darwin’s newest F&I tool generates positive dealer reviews
SubPrime Auto Finance News Staff
Users such as Mastria Auto Group are enjoying the latest product from Darwin Automotive that became widely available for dealerships on Monday. The company released Darwin Online’s Fastlane, which is designed to improve the vehicle purchase or lease process so ... [Read More]
DealerCenter enhances connection with GWC Warranty and Nicholas Financial
SubPrime Auto Finance News Staff
Cloud-based dealer management system provider DealerCenter finalized enhanced relationships with a subprime auto finance company and a provider of vehicle service contracts with the developments aimed at helping independent dealers. According to separate news releases, DealerCenter now has improved connections ... [Read More]
AUL promotes Fleites to dual executive role as CIO and COO
SubPrime Auto Finance News Staff
AUL Corp. thinks so highly of chief information officer Jose Fleites that the F&I provider promoted him this week to a dual executive position. AUL president and chief executive officer Jimmy Atkinson appointed Fleites to the role of chief operating ... [Read More]
CFPB offers clarity on what constitutes ‘abusiveness’
SubPrime Auto Finance News Staff
Finance companies and other service providers involved with auto financing now have a bit more clarity about what the Consumer Financial Protection Bureau constitutes as abusive practices. Last week, the bureau issued a policy statement providing what the regulator called ... [Read More]
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