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Cutting keys & cutting costs during repossessions and recoveries
Wednesday, Dec. 10, 2025, 04:42 PM
Drawing standing-room-only attendance in the second-largest setting at Used Car Week 2025, Ryan Miller led a six-executive panel session that focused on one of the most complex challenges in all of repossessions and recoveries. Now available through this episode of ... Listen Here
Four experts on automotive & the economy
Wednesday, Dec. 10, 2025, 04:39 PM
Used Car Week 2025 again brought together experts who can explain which parts of the economy impact automotive most. This year’s event included views from Laura Wehunt of Black Book, Tim Gill of the American Financial Services Association, T.J. Cox ... Listen Here
Sponsored Episode: Winning Trade-Ins and Trust – Navigating Today’s Affordability Challenges
Friday, Dec. 5, 2025, 03:15 PM
Affordability challenges are reshaping the automotive landscape—vehicle prices and payments are at all-time highs and negative equity is on the rise. In this episode, Micah Tindor offers a data-driven conversation with real-world strategies around acquisition tactics and long-term profitability to ... Listen Here

UPDATED: New-car finance rates at 10-year high, prompting incentive speculation

growth chart with man
Tuesday, Apr. 2, 2019, 02:39 PM
Nick Zulovich, Senior Editor
Editor's note: This updated report contains analysis from Cox Automotive, Edmunds, KAR Auction Services and the National Automobile Dealers Association. New-vehicle prices and financing costs approaching a 10-year high are making the task of delivering new models more of a challenge ... [Read More]

NextGear Capital founder dies at 75

Fuller Family for web
Monday, Apr. 1, 2019, 03:14 PM
SubPrime Auto Finance News Staff
Last Friday, NextGear Capital announced the passing of John Fuller, company founder and a pioneer in automotive dealer financing. The company described Fuller as a “true innovator” in the field of floor planning; a segment of the automotive industry that ... [Read More]

CFPB Supervisory Highlights recap examinations of ancillary-product rebates

compliance
Monday, Apr. 1, 2019, 03:10 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau indicated that it took a deep look at what it called “unfair and deceptive practices” regarding rebates for certain ancillary products after examining the protocols executed by at least one captive finance company. CFPB officials ... [Read More]

Equifax and Wolters Kluwer join forces on end-to-end CECL solution

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Friday, Mar. 29, 2019, 01:39 PM
SubPrime Auto Finance News Staff
Two more service providers are joining forces to help finance companies navigate the complicated protocols associated with upcoming changes implemented by the Financial Accounting Standards Board (FASB). Equifax and Wolters Kluwer’s Finance, Risk & Reporting (FRR) business are teaming up to provide ... [Read More]

BillingTree creates new post and picks chief operating officer

new hire
Friday, Mar. 29, 2019, 01:38 PM
SubPrime Auto Finance News Staff
BillingTree created a new executive position and appointed a new chief operating officer this week. Taking on the role is Terri Harwood. In this newly created position, the company highlighted Harwood will lead BillingTree operations during a period of rapid ... [Read More]

Cordray resurfaces in California for discussion about ‘attacks against consumer protections’

news update
Thursday, Mar. 28, 2019, 02:50 PM
SubPrime Auto Finance News Staff
Having been unsuccessful in becoming governor of Ohio, former Consumer Financial Protection Bureau Richard Cordray appears to have resurfaced on the West Coast in connection with a high-ranking California state lawmaker. Multiple social media posts from California Assemblymember Monique Limon ... [Read More]

National Creditors Connection’s ‘superstar’ returns in new executive role

new hire 2
Wednesday, Mar. 27, 2019, 02:17 PM
SubPrime Auto Finance News Staff
Taylor Thurman is back with National Creditors Connection Inc. (NCCI). The loss-reduction outsourcing (LRO) company recently announced Thurman returned to be its director of sales in the auto-finance market. NCCI indicated Thurman will be leading all market development and sales ... [Read More]

Paramount Recovery bolsters facilities and workforce

money-key
Wednesday, Mar. 27, 2019, 02:04 PM
SubPrime Auto Finance News Staff
Paramount Recovery Service, a leading Southern California-based automotive repossession company, recently announced the expansion of its locations and services as well as the hiring of two industry experts. Company leaders highlighted the physical expansion includes the acquisition of PRS’ largest ... [Read More]

Auto defaults remain stable for second straight month to open 2019

application
Tuesday, Mar. 26, 2019, 02:37 PM
SubPrime Auto Finance News Staff
With all of the recent hubbub over delinquencies, auto finance defaults are remaining stable so far this year. S&P Dow Jones Indices and Experian released data through February for the S&P/Experian Consumer Credit Default Indices, and the auto component remained ... [Read More]

How revamped Fed strategy involving interest rates helps auto-finance companies

Federal reserve
Monday, Mar. 25, 2019, 02:39 PM
Nick Zulovich, Senior Editor
National Automotive Finance Association executive director Jack Tracey nicely summarized developments coming from the Federal Reserve last week. After making multiple upticks in interest rates last year, the Federal Open Market Committee (FOMC) decided to maintain the target range for ... [Read More]
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