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
MBSi acquires My Recovery System and Vendor Transparency Solutions
SubPrime Auto Finance News Staff
More consolidation in the recovery space arrived late on Tuesday as Automotive Intelligence Council member MBSi Corp. increased its collection of resources. The provider of compliance-enabled repossession assignment management software and vendor management software announced the acquisition of My Recovery ... [Read More]
Kingsway Financial Services finalizes acquisition of Geminus Holding
SubPrime Auto Finance News Staff
An F&I provider that’s been in business for more than 30 years has new ownership. Kingsway Financial Services on Tuesday announced it has closed on its acquisition of Geminus Holding Co., a specialty, full-service provider of vehicle service contracts and other ... [Read More]
Protective Asset Protection discusses potential 20% lift in F&I profit
SubPrime Auto Finance News Staff
According to Protective Asset Protection, experts estimated that dealerships leveraging a dealer-owned warranty company structure to sell F&I products are seeing a 20-percent lift in profits on average for F&I sales. Protective Asset Protection has focused on this topic significantly ... [Read More]
ACC Consumer Finance picks Servicing Solutions to support ride-hailing finance offering
SubPrime Auto Finance News Staff
ACC Consumer Finance, a specialized indirect auto finance company, recently announced that it has selected Servicing Solutions as its primary servicer. As a result of this agreement, Servicing Solutions will support ACC’s ride-hailing finance offering. ACC Consumer Finance offers a ... [Read More]
2 clear trends emerge from February’s initial finance data
SubPrime Auto Finance News Staff
Two trends emerged when experts from Cox Automotive, Edmunds and Kelley Blue Book took an initial look at auto data from February — rising new-vehicle costs and spiking interest rates. Kelley Blue Book noticed the average transaction prices for new models ... [Read More]
Experian offers more evidence of overblown delinquency concerns
SubPrime Auto Finance News Staff
Ever since some consumer-advocate commentators latched onto one piece of recent auto-finance data, experts from the automotive world replied with context to counter thoughts that thousands soon would be walking because they no longer had a vehicle. While vehicle affordability and ... [Read More]
Former CARS, Dealertrack executive joins Servicing Solutions
SubPrime Auto Finance News Staff
An executive with nearly 20 years of experience with Consolidated Asset Recovery Systems and Dealertrack now is part of the leadership team at Servicing Solutions. The loan servicing organization specializing in primary and back up servicing announced on Wednesday that ... [Read More]
Examining ‘appetite’ for subprime and pinpointing 10 brands with highest market penetration
SubPrime Auto Finance News Staff
With Cox Automotive experts suspecting that “credit will likely tighten as the appetite for subprime declines,” the company also shared the makes that have the largest penetration of subprime retail installment contracts and vehicle leases so far this year. Cox ... [Read More]
3 bureaus respond as lawmakers seek credit-reporting improvements
SubPrime Auto Finance News Staff
Top executives from Equifax, Experian and TransUnion all appeared on Capitol Hill on Tuesday for a hearing orchestrated by the U.S. House Financial Services Committee, which is seeking revamps to how credit reporting is completed. And one of the companies ... [Read More]
KBRA examines impact of extensions on subprime ABS
SubPrime Auto Finance News Staff
Finance companies sometimes give grace to contract holders in hopes the individual can get back on the payment track since it’s potentially much more lucrative than having to go through the repossession and recovery processes. Kroll Bond Rating Agency (KBRA) released ... [Read More]
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