Subprime lags behind Dealertrack Credit Availability Index climb of 5 straight months

Wednesday, Jul. 15, 2026, 09:51 AM

APCO boosts EasyCare footprint via acquisition for second time in less than a week

Tuesday, Jul. 14, 2026, 10:44 AM

SAFCO promotes CFO to president

Monday, Jul. 13, 2026, 11:54 AM

Latest Stories

Acting CFPB director defends changes to ‘out-of-control’ agency during Congressional hearings

Edmunds pinpoints top 20 trades with negative equity in Q2

Auto Data Direct rolls out CarLocate in Texas

The Spark Between EVs & CPO

Thursday, Jul. 16, 2026, 02:46 PM

In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

Vincenzo Ciampi of iA Financial Group

Tuesday, Jun. 30, 2026, 10:53 AM

Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

Ted Berlovich of Clutch

Monday, Jun. 29, 2026, 03:44 PM

Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

Protective to acquire Portfolio, enhancing dealer wealth and F&I solutions

Thursday, Oct. 30, 2025, 10:39 AM

SubPrime Auto Finance News Staff

Two well-known names in the F&I and reinsurance arenas — Protective Asset Protection and Portfolio — are now on track to be part of the same organization serving dealerships. On Thursday morning, Protective Life Corp., a U.S. subsidiary of Dai-ichi ... [Read More]

ARA elects new president, gives 6 awards during annual convention

Wednesday, Oct. 29, 2025, 02:38 PM

SubPrime Auto Finance News Staff

Along with handing out six industry awards, the American Recovery Association elected new board leadership during its annual convention last week in Reno, Nev. And there is a new president of the association, as the membership elected Todd Case of ... [Read More]

VantageScore: Early-stage delinquencies at highest point in 5 years

Wednesday, Oct. 29, 2025, 11:56 AM

SubPrime Auto Finance News Staff

Along with slowing originations, the latest edition of CreditGauge by VantageScore showed delinquencies throughout the credit market are on the rise. Analysts reported on Tuesday that overall credit delinquencies edged higher in September, with delinquencies 30 to 59 days past ... [Read More]

Sims joins Lender Compliance Technologies’ advisory board

Wednesday, Oct. 29, 2025, 11:55 AM

SubPrime Auto Finance News Staff

Lender Compliance Technologies (LCT) welcomed an experienced auto-finance executive to its board of advisors. The provider of compliance solutions for managing F&I product refunds reinforced this board with Craig Sims, who currently serves as chief revenue officer at Arra Finance. ... [Read More]

Explaining likelihood of another interest-rate cut coming this week

Tuesday, Oct. 28, 2025, 11:57 AM

SubPrime Auto Finance News Staff

Comerica Bank predicted on Monday that the Federal Reserve will lower the federal funds target rate by a quarter percent to a range of 3.75% to 4.00% when policymakers have their next meeting on Wednesday. How the Fed potentially arrives ... [Read More]

Credit Acceptance details CEO transition from Booth to Hegde

credit acceptance image for web

Tuesday, Oct. 28, 2025, 09:24 AM

SubPrime Auto Finance News Staff

What’s “been the honor of my career” is winding down for Credit Acceptance’s Kenneth Booth. The subprime auto finance company announced on Tuesday that Booth, who is CEO and president and a member of the company’s board of directors, will ... [Read More]

AFSA & Oxford Economics: Vehicle financing provides $125.5B boost to US GDP

Monday, Oct. 27, 2025, 10:22 AM

SubPrime Auto Finance News Staff

New research released by the American Financial Services Association (AFSA) on Monday highlighted how much vehicle financing fuels the U.S. economy. AFSA and Oxford Economics found that vehicle-finance providers contributed $125.5 billion to U.S. GDP in 2023, equivalent to $17 ... [Read More]

AFSA maintains dialogue with CFPB over data rights rule reconsiderations even as momentum rises to shut down agency

Friday, Oct. 24, 2025, 12:03 PM

SubPrime Auto Finance News Staff

American Financial Services Association general counsel Philip Bohi still responded this week to more than 35 questions and provided comments about the Consumer Financial Protection Bureau’s Personal Financial Data Rights (PFDR) reconsideration effort. The association’s responses came after the bureau’s ... [Read More]

Resolvion starts ‘new era,’ putting Plascencia in charge of new division

Friday, Oct. 24, 2025, 10:55 AM

SubPrime Auto Finance News Staff

Resolvion created a new division this week to leverage the experience and expertise of executive vice president Claudia Plascencia, who has been with the company for nearly 12 years. The provider of asset recovery management solutions has launched a credit ... [Read More]

Weltman, Weinberg & Reis adds attorneys in Detroit & Pittsburgh

Wednesday, Oct. 22, 2025, 02:04 PM

SubPrime Auto Finance News Staff

Weltman, Weinberg & Reis hired two more attorneys this month, as the full-service creditors’ rights law firm bolstered its offices in Detroit and Pittsburgh. Joining the firm in the Motor City is Tyra Page, who was born and raised in ... [Read More]

X