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

Car-buying intention remains positive even as consumers face more headwinds

CARS Protection Plus taps Circuitry.ai Warranty Decision Intelligence to help adjusters resolve claims faster

Endurance celebrates 20 years, highlighting growth & investment in warranty space

This Month's Focus

Artificial Intelligence

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

ChatGPT app represents the latest step in CarMax’s ongoing AI evolution

Monday, May. 11, 2026, 09:45 AM

Yes, it’s AI — everyone’s favorite buzzword. But when it comes down to it, artificial intelligence is only part of what CarMax’s new ChatGPT app is all about. The company billed as the nation’s largest used-car retailer touted the app, ... Read More

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

Byron Oldham of Honest Autos & FIADA

Monday, Apr. 27, 2026, 07:47 PM

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

ACC pauses originations but not ‘a closure of business’

latest news

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]

Wolters Kluwer: ‘Enforcement pullback exceeds even the most aggressive predictions’

Tuesday, Aug. 5, 2025, 10:05 AM

SubPrime Auto Finance News Staff

New information from Wolters Kluwer about how much the regulatory landscape has changed since President Trump started his second term prompted experts to say, “this enforcement pullback exceeds even the most aggressive predictions.” According to new data from Wolters Kluwer ... [Read More]

Western Funding executes first securitization

Lendbuzz gains $100M warehouse facility through MUFG

Monday, Aug. 4, 2025, 11:08 AM

SubPrime Auto Finance News Staff

Western Funding is now in the securitization business, too. Late on Friday, the subsidiary company of Westlake Technology Holdings announced the successful closing of its inaugural asset-backed securitization (ABS), WEFUN 2025-1, totaling $400 million. Management said this transaction marks Western ... [Read More]

PODCAST: TransUnion explains auto-refinancing opportunities with 18M consumers

Monday, Aug. 4, 2025, 11:08 AM

SubPrime Auto Finance News Staff

Even without the aid of an interest rate cut from the Federal Reserve that’s displaying some dissension, TransUnion is bullish about the prospects from auto refinancing. Analysts acknowledged many consumers continue to face pressure on their household budgets, prompting a ... [Read More]

Onbe & Allied Solutions partner to streamline auto-loan refund operations

Friday, Aug. 1, 2025, 10:05 AM

SubPrime Auto Finance News Staff

Onbe and Allied Solutions announced a partnership on Thursday designed to help financial institutions, finance companies, dealerships and their clients modernize the automotive refund process. The partnership is fueled by Allied Solutions’ Refund Plus solution, which offers comprehensive support for ... [Read More]

Miller & Cleveland are now co-CEOs of ComplyAuto

Friday, Aug. 1, 2025, 10:05 AM

SubPrime Auto Finance News Staff

Brad Miller joined ComplyAuto a little more than a year ago after being with the National Automobile Dealers Association. Now, Miller is co-CEO of the regulatory compliance firm developed “for dealers, by dealers.” ComplyAuto announced Miller has been appointed co-CEO, ... [Read More]

Dissension arises as Fed keeps rates unchanged again

Thursday, Jul. 31, 2025, 11:02 AM

SubPrime Auto Finance News Staff

Committees not coming to a unanimous decision is common. But what happened at the Federal Reserve on Wednesday involving the decision by the Federal Open Market Committee to leave the federal funds rate unchanged hasn’t unfolded in three decades, according ... [Read More]

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