As subprime space keeps changing, how long can average terms stretch?
Monday, May. 4, 2026, 11:16 AM
TransUnion updates auto performance, shares research about K-shaped path of overall consumer credit market
Thursday, Apr. 30, 2026, 10:10 AM
Reviewing FICO & FSA data to see how much student loans could be impacting your auto-finance portfolio
Tuesday, May. 5, 2026, 10:13 AM
Latest Stories
This Month's Focus
Artificial Intelligence
CARS Protection Plus taps Circuitry.ai Warranty Decision Intelligence to help adjusters resolve claims faster
Wednesday, May. 6, 2026, 10:38 AM
DealerOn’s dual launch includes AI search visibility platform, ‘intelligent layer’ touching full dealership
Tuesday, May. 5, 2026, 03:28 PM
Newest Experian tool designed to reduce risk within AI-driven commerce
Monday, May. 4, 2026, 11:19 AM
FICO’s Shams Blanc on lenders sharpening underwriting & more
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here
Wednesday, Apr. 29, 2026, 03:54 PM
Byron Oldham of Honest Autos & FIADA
Byron Oldham is president of the family-owned Honest Autos dealership and is president of the board at the Florida Independent Automobile Dealers Association. In this episode, Oldham talks with Cherokee Media Group senior editor Joe Overby about the upcoming Southeast ... Listen Here
Monday, Apr. 27, 2026, 07:47 PM
Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’
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
Sunday, Apr. 19, 2026, 04:27 AM
Hudson Cook adds associate to DC office
Wednesday, Aug. 13, 2025, 10:08 AM
SubPrime Auto Finance News Staff
Hudson Cook added to its stable to legal experts last week, announcing that Francesca Gross has joined the firm as an associate in its Washington, D.C. office, focusing on litigation, regulatory compliance, and government investigations. Hudson Cook highlighted Gross brings ... [Read More]
Centerbridge Partners to acquire MeridianLink for $2B
Wednesday, Aug. 13, 2025, 10:07 AM
SubPrime Auto Finance News Staff
MeridianLink is going to be a private company. The provider of modern software platforms for financial institutions and consumer reporting agencies announced on Monday that it has entered into a definitive agreement to be acquired by funds advised by affiliates ... [Read More]
Fed’s Bowman maintains stance for rate cut
Tuesday, Aug. 12, 2025, 10:23 AM
SubPrime Auto Finance News Staff
Michelle Bowman, who is the Federal Reserve’s vice chair for supervision, was one of two members of the Federal Open Market Committee who dissented from the majority vote that kept interest rates unchanged when policymakers made their decision at the ... [Read More]
Only momentary tariff bump interrupts ongoing expansion of auto credit access
Monday, Aug. 11, 2025, 10:39 AM
SubPrime Auto Finance News Staff
It appears only talk about tariffs disrupted the upward trajectory of expanded auto credit access since last summer. Cox Automotive reported the Dealertrack Credit Availability Index improved again in July, marking the third consecutive month of enhanced credit access. The ... [Read More]
CFPB seeks input about changing Automobile Financing Larger Participant Rule
Friday, Aug. 8, 2025, 10:24 AM
SubPrime Auto Finance News Staff
A decade ago, the Consumer Financial Protection Bureau established the Automobile Financing Larger Participant Rule, which created regulatory oversight over providers that originated 10,000 contracts or more annually. That threshold might be changing since the regulator now operates with half ... [Read More]
New Open Lending CFO starts on Aug. 18
Friday, Aug. 8, 2025, 09:52 AM
SubPrime Auto Finance News Staff
Open Lending Corp. will have a new chief financial officer in place on Aug. 18. The provider of automotive lending and risk analytics solutions for financial institutions recently appointed Massimo Monaco as its incoming CFO, an executive who will bring ... [Read More]
ACC pauses originations but not ‘a closure of business’
Friday, Aug. 8, 2025, 09:11 AM
SubPrime Auto Finance News Staff
One of the longest-tenured finance companies in the subprime space has paused originations but said, “This is not a closure of business.” Automotive Credit Corp. (ACC) said late Thursday afternoon it will continue to fund all complete contract packages that ... [Read More]
IAA sees salvage transactions with negative equity remain at 3-year high in Q2
Wednesday, Aug. 6, 2025, 02:07 PM
SubPrime Auto Finance News Staff
Negative equity can be significant hurdle to clear when dealerships handle trades, as Edmunds recently reported 7.7% of trade-ins toward a new-vehicle purchase during the second quarter were upside down by more than $15,000. Negative equity can be a conundrum ... [Read More]
Vola CreditMap aimed at helping consumers handle debt & increase credit scores
Wednesday, Aug. 6, 2025, 10:32 AM
SubPrime Auto Finance News Staff
Coinciding with the Federal Reserve Bank of New York tabulating that total consumer debt surpassed $18 trillion during the second quarter, personal financial management platform Vola Finance rolled out a new loan management dashboard designed to help consumers take control ... [Read More]
New York Fed sees stability in auto-finance sector but turbulence involving student loans
Wednesday, Aug. 6, 2025, 10:30 AM
SubPrime Auto Finance News Staff
While student-loan metrics are deteriorating because of changes in federal policies, auto-loan trends are staying stable. That’s two of the primary findings from the Quarterly Report on Household Debt and Credit released on Tuesday by the Federal Reserve Bank of ... [Read More]
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