Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Appetite for used commercial vehicles with Kathryn Schifferle of Work Truck Solutions
Friday, Jan. 16, 2026, 05:37 PM
Work Truck Solutions founder Kathryn Schifferle appeared on the Live Stage presented by SYCN Auto Logistics during Used Car Week 2025. Schifferle discussed key trends driving demand for used work trucks and vans with Cherokee Media Group’s Joe Overby. The ... Listen Here
What might be next for Amazon Autos
Thursday, Jan. 15, 2026, 03:52 PM
Cherokee Media Group’s Bill Zadeits hosted a fireside chat with Fan Jin, global leader of Amazon Autos, during Used Car Week 2025. Their wide-ranging conversation about the past, present and future of the online platform and its involvement with automakers ... Listen Here
Auto-finance leaders on growth, risk & recovery
Thursday, Jan. 15, 2026, 03:07 PM
It’s a question any business must answer, but it’s especially important in auto finance. How do you balance growth and risk? A trio of industry executives — Mike Goins of TD Bank, Jeff Marsh of Millennium Capital and Recovery and ... Listen Here

6 benefits from MVTRAC-RISC partnership

partnership picture
Monday, Apr. 21, 2025, 10:37 AM
SubPrime Auto Finance News Staff
MVTRAC and Recovery Industry Services Company (RISC) highlighted six benefits of their partnership designed to streamline workflows, reduce administrative overhead, and cultivate a compliant and effective network of repossession agents. Among the key automations and workflow efficiencies are: — Insurance ... [Read More]

ARA & RDN partner to address top 10 software issues impacting agents & vendors

Monday, Apr. 21, 2025, 10:37 AM
SubPrime Auto Finance News Staff
As the organization gets set to host the North American Repossessors Summit this week in Orlando, Fla., the American Recovery Association (ARA) announced a partnership with Recovery Database Network (RDN). According to a news release, RDN vice president John Sibbitt ... [Read More]

LegalShield: Consumers might be approaching ‘breaking point’

Thursday, Apr. 17, 2025, 10:31 AM
SubPrime Auto Finance News Staff
Please excuse comparisons back to the pandemic, but it’s the reference point LegalShield used to explain its latest research findings about consumer finances and bankruptcy. LegalShield reported on Wednesday that bankruptcy inquiries surged in the first quarter to their highest ... [Read More]

COMMENTARY: Why lenders should rethink their repossession & recovery process

Wednesday, Apr. 16, 2025, 12:27 PM
Amanda Fields, van Wagenen
In today’s economy, auto loan delinquencies are rising, leading to an increase in vehicle repossessions. However, many lenders fail to recognize a critical opportunity in the repossession process: recovering funds through the borrower’s existing insurance policy. Without an efficient strategy ... [Read More]

Carleton explains add-on interest versus simple interest

interest rate picture new
Wednesday, Apr. 16, 2025, 10:49 AM
SubPrime Auto Finance News Staff
Experts at Carleton acknowledged calculating add-on interest isn’t as prevalent as it once was with finance companies and other lenders using simple-interest calculations more often nowadays. However, to help companies keep their calculations straight, Carleton recently offered guidance so managers ... [Read More]

Third commissioner confirmed at FTC

FTC sends annual report to CFPB recapping activities regarding financial acts
Wednesday, Apr. 16, 2025, 10:45 AM
SubPrime Auto Finance News Staff
There are now three commissioners on staff at the Federal Trade Commission. Last week, the Senate confirmed Mark Meador as an FTC commissioner to serve a term that will expire on Sept. 25, 2031. That brings the active commissioner number ... [Read More]

Auto caught in crossfire of Trump optimism & sagging consumer sentiment

Tuesday, Apr. 15, 2025, 10:27 AM
Nick Zulovich, Senior Editor
While President Trump has high hopes for the economic future, it might now be challenging getting vehicles delivered and contracts booked. Why? Perhaps it’s because the industry is facing plenty of consumer headwinds, including what Cox Automotive chief economist Jonathan ... [Read More]

Why credit access reached highest level in 28 months

Monday, Apr. 14, 2025, 11:19 AM
SubPrime Auto Finance News Staff
Anecdotal conversations that Cherokee Media Group shared with Auto Intel Summit attendees last week generally indicated that dealers and lenders are not having too much trouble getting potential vehicle buyers the financing they need to take delivery. The newest Dealertrack ... [Read More]

Awards roundup: Accolades for Credit Acceptance, EFG & Western Funding

Award_47
Friday, Apr. 11, 2025, 11:23 AM
SubPrime Auto Finance News Staff
Credit Acceptance, EFG Companies and Western Funding all announced in recent days that they received awards associated with their operations connected to auto financing. Beginning Credit Acceptance, the company specializing in subprime auto financing said it has been named one ... [Read More]

Veros Credit gains strategic investment from ITOCHU International

money, crystal ball_787102489
Monday, Apr. 7, 2025, 09:26 AM
SubPrime Auto Finance News Staff
With an eye toward national expansion among other growth objectives, Veros Credit on Monday announced a strategic investment from ITOCHU International, a global leader in trading and investment. According to a news release, the investment may result in ITOCHU acquiring ... [Read More]
X