As refinancing gains more steam, a reminder about Fed’s influence over auto lending

Tuesday, Jul. 28, 2026, 10:39 AM

CTO and CMO of Credit Acceptance to resign with another former T-Mobile exec set to join team

Monday, Jul. 27, 2026, 10:52 AM

Vervent releases own case study recapping complex journey to become servicing successor for Tricolor Holdings

Friday, Jul. 24, 2026, 10:17 AM

Latest Stories

Equifax notices multiple subprime trends within outstanding portfolio & originations

VantageScore still sees ‘gradual migration’ of consumers into near-prime & subprime

KBRA auto loan ABS report considers why ‘borrower pockets’ matter more than pool averages

The Spark Between EVs & CPO

Thursday, Jul. 16, 2026, 02:46 PM

In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

Vincenzo Ciampi of iA Financial Group

Tuesday, Jun. 30, 2026, 10:53 AM

Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

Ted Berlovich of Clutch

Monday, Jun. 29, 2026, 03:44 PM

Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

Secure Collateral Management to leverage MBSi’s compliance management system

compliance pic

Monday, Nov. 5, 2018, 05:02 PM

SubPrime Auto Finance News Staff

Secure Collateral Management already announced the skip-tracing and collateral recovery provider was moving into a new headquarters. And then Monday, Secure Collateral Management and MBSi Corp. — a member of the Automotive Intelligence Council and provider of repossession assignment software ... [Read More]

New-model prices keep rising as average APR hits highest point in 9 years

bar-chart

Thursday, Nov. 1, 2018, 02:44 PM

SubPrime Auto Finance News Staff

Finance companies continue to fill and expand their portfolios, especially when buying paper attached to a new vehicle that’s becoming more difficult for consumers to afford as transaction prices and interest rates keep climbing. October data shared by Edmunds and ... [Read More]

ARA and TFA to host webinar to share plans for new association

latest news

Wednesday, Oct. 31, 2018, 03:39 PM

SubPrime Auto Finance News Staff

At the beginning of October, the American Recovery Association (ARA) and Time Finance Adjusters (TFA) announced plans to form one organization that would launch in January. During a free webinar, the two organizations will present more details of the new ... [Read More]

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]

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