TruDecision’s Parry defends current status of subprime auto finance

Monday, May. 11, 2026, 11:52 AM

Metrics that formed April’s Dealertrack Credit Availability Index ‘masked a more complex picture’

Tuesday, May. 12, 2026, 10:08 AM

NAF Association reveals next recipients of Jack Tracey Pinnacle Award & Summit Leadership Award

Friday, May. 8, 2026, 10:56 AM

Latest Stories

Federal Reserve’s annual report on economic well-being of US households shows consistency

Surging fuel costs pushing repossession agents to ‘breaking point’

Chopra selected to lead new California consumer services regulator

This Month's Focus

Artificial Intelligence

Bain Survey: Few Companies Ready for Sustainability Rules (24%)

Building on three-year partnership, Bain invests in OpenAI Deployment Company

Wednesday, May. 13, 2026, 12:13 PM

Bain & Company today announced an investment in the Deployment Company, a new venture launched by OpenAI with 19 global partners. According to a news release, the OpenAI Deployment Company is built to help businesses deploy artificial intelligence across their ... Read More

EY study shows Canadians still cautious about AI but using it more for everyday activities

Monday, May. 11, 2026, 03:00 PM

This artificial intelligence is pretty smart, eh? That sentiment might be held by at least some Canadians who are already embedding AI into everyday decisions, often in ways that extend beyond simple assistance into early autonomy, even while concerns about ... Read More

Carfluent’s new AI tool helps dealerships beat aggregators in searches

Monday, May. 11, 2026, 09:51 AM

A growing percentage of consumers now use artificial intelligence as what marketplace Cars.com describes as a “trusted co-pilot” in their search for a vehicle to purchase. Meanwhile, other studies suggest that dealership websites are not visible to many of those ... Read More

Tiger Okeley describes what it’s like for BHPH dealers during another turbulent year

Tuesday, May. 12, 2026, 01:47 PM

Tiger Okeley is the executive board member of Oak Motors, a buy-here, pay-here dealership that’s been in business for more than 40 years in central Indiana. Having seen boom times, recessions, and more, Okeley shared his insight to help owners ... Listen Here

SPONSORED EPISODE: Know your Buyer & Grow your Lot

Tuesday, May. 12, 2026, 09:20 AM

In this insightful episode of the Auto Remarketing Podcast, Auto Trader and KBB executives Elizabeth Stegall and David Lumpkin share findings gleaned from Cox Automotive’s unique research into shoppers who buy from Independent Dealers. Learn how shifting buyer expectations connect ... Listen Here

FICO’s Shams Blanc on lenders sharpening underwriting & more

Wednesday, Apr. 29, 2026, 03:54 PM

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

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]

MBSi Corp. hires former Copart exec as COO

executive boardroom

Tuesday, Oct. 23, 2018, 02:51 PM

SubPrime Auto Finance News Staff

MBSi Corp., one of the founding members of the Automotive Intelligence Council, named a new chief operating officer on Tuesday. The provider of repossession assignment software and vendor compliance solutions to the auto finance industry brought on former Copart chief ... [Read More]

Westlake’s vehicle protection program now available nationwide

latest news

Monday, Oct. 22, 2018, 02:03 PM

SubPrime Auto Finance News Staff

Dealers nationwide not only can use Westlake Financial Services to get a deal bought for their potential buyers, but stores also can leverage the provider for another ancillary product, too. Westlake recently announced the nationwide expansion of its vehicle protection ... [Read More]

Secure Collateral Management prepping for move into new headquarters

SCM picture

Thursday, Oct. 18, 2018, 06:13 PM

SubPrime Auto Finance News Staff

This autumn truly represents a season of change for Secure Collateral Management (SCM), a provider of skip-tracing and collateral recovery. SCM is moving its corporate headquarters into a new state of the art facility this fall. Company management highlighted this ... [Read More]

Subprime originations continue downward drift

money-key

Thursday, Oct. 18, 2018, 03:17 PM

SubPrime Auto Finance News Staff

The monthly update surfaced earlier this week about how auto-finance defaults improved again. Perhaps that trend stems at least in part to less subprime paper flowing into portfolios. The latest metrics shared by Equifax indicated that 2.78 million contracts were ... [Read More]

September auto performance helps overall default rate dip to lowest point of 2018

news pic

Wednesday, Oct. 17, 2018, 03:57 PM

SubPrime Auto Finance News Staff

Auto-finance performance helped the composite rate of the S&P/Experian Consumer Credit Default Indices register its best reading thus far this year. Based on data through September, S&P Dow Jones Indices and Experian reported on Tuesday that the auto finance default ... [Read More]

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