Edmunds on why appeal of used EVs could surge as gas prices keep rising & affordability remains challenging

Wednesday, Mar. 11, 2026, 10:30 AM

PODCAST: Carleton’s Tim Yalich on how critical accurate payment information is to today’s car shoppers

Tuesday, Mar. 10, 2026, 10:57 AM

Already the top factor holding back dealership business, potential economic headwinds build

Monday, Mar. 9, 2026, 10:53 AM

Latest Stories

Edge Financial Services names Marohn as CEO to lead growth strategy

Another former T-Mobile executive joins Credit Acceptance

NAF Association collecting nominations for awards to be given during 30th annual conference

Industry Elite: Sean Morgan of Westlake Financial

Monday, Mar. 23, 2026, 03:07 PM

Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here

Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings

Monday, Mar. 23, 2026, 01:56 PM

Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here

Industry Elite: Mike Clark Jr. of C&C Cars

Friday, Mar. 20, 2026, 03:50 PM

Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business ... Listen Here

PAR completes year-long task, unveils Platinum Compliance portal

compliance

Wednesday, Oct. 31, 2018, 03:32 PM

SubPrime Auto Finance News Staff

Lisa Scott took charge of PAR North America (PAR) last August with a specific objective near the top of her agenda as she began to oversee this segment of KAR Auction Services. “One of my goals was to enhance the ... [Read More]

Westlake Financial Services adopts PointPredictive Auto Fraud Manager

fraud prevention

Wednesday, Oct. 31, 2018, 03:28 PM

SubPrime Auto Finance News Staff

Westlake Financial Services is taking additional steps to shield itself from potential fraud. On Tuesday, PointPredictive, the San Diego-based machine learning company, announced that Westlake is its newest auto-finance client. As part of this relationship, Westlake will use the company’s ... [Read More]

CARS lands 3 more clients using web-based recovery platform

partnership

Wednesday, Oct. 31, 2018, 03:26 PM

SubPrime Auto Finance News Staff

Consolidated Asset Recovery Systems (CARS) recently brought three more finance companies into its client portfolio. Flagship Credit Acceptance announced today that it has selected the CARS’ IBEAM (Internet Based Electronic Asset Management) web portal for managing the repossession and remarketing ... [Read More]

Federal jury renders guilty verdict in NC-based fraud scheme

federal court house

Tuesday, Oct. 30, 2018, 02:42 PM

SubPrime Auto Finance News Staff

Federal prosecutors recently landed a conviction involving a trio operating an elaborate auto-finance fraud arrangement in North Carolina. Andrew Murray, U.S. Attorney for the Western District of North Carolina, said a federal jury in Charlotte returned a guilty verdict against ... [Read More]

DRN sets new company record for live pickups in a single month

red arrow graphic

Monday, Oct. 29, 2018, 02:10 PM

SubPrime Auto Finance News Staff

One of the presenting sponsors of Used Car Week 2018 — Digital Recognition Network — recently set a new company record. The artificial intelligence and data analytics company that provides vehicle location data and analytics to finance companies, insurance carriers ... [Read More]

Sword Apak acquired by French company

acquisition

Monday, Oct. 29, 2018, 02:09 PM

SubPrime Auto Finance News Staff

There’s been another change in ownership within the floor-planning space. Sopra Steria, a European leader in digital transformation, recently announced the acquisition of lending solutions provider Sword Apak, a subsidiary of Sword Group. Sopra Steria has acquired, through its subsidiary ... [Read More]

Sagent bulks up fraud protection

fraud analytics

Friday, Oct. 26, 2018, 02:34 PM

SubPrime Auto Finance News Staff

Sagent Lending Technologies, a joint venture between Fiserv and Warburg Pincus that was previously known as Fiserv Lending Solutions, made a move this week to help auto lenders protect against fraud. The company has integrated the Cross Check identity verification ... [Read More]

Survey examines unawareness of how new tax law may impact participation program selection

Federal reserve

Thursday, Oct. 25, 2018, 02:40 PM

SubPrime Auto Finance News Staff

Protective Asset Protection, a provider of F&I programs, services and dealer-owned warranty programs, recently announced results of a recent survey it commissioned to gauge the pulse of owners of today’s largest automotive dealers on issues ranging from F&I product performance in ... [Read More]

Northwood and AFIP coordinating new MBA program

training

Wednesday, Oct. 24, 2018, 03:57 PM

SubPrime Auto Finance News Staff

Aspiring automotive executives can secure a new academic foundation as they embark on careers at dealerships, finance companies and other industry service providers. This week, the Richard DeVos Graduate School of Management at Northwood University, in collaboration with Association of ... [Read More]

Carleton dissects potential pitfalls when calculating accurate APR

approve

Wednesday, Oct. 24, 2018, 03:55 PM

SubPrime Auto Finance News Staff

With the interest rates connected to a retail installment sales contracts becoming more pronounced thanks to actions by the Federal Reserve, Carleton recently revisited a topic the compliance firm often discusses with clients. Carleton reiterated official definitions as well as ... [Read More]

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