Subprime lags behind Dealertrack Credit Availability Index climb of 5 straight months

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APCO boosts EasyCare footprint via acquisition for second time in less than a week

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SAFCO promotes CFO to president

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Latest Stories

Edmunds pinpoints top 20 trades with negative equity in Q2

Auto Data Direct rolls out CarLocate in Texas

AIADA taps Protective as official vehicle service contract sponsor

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

4 reasons why it might be primetime for subprime

subprime credit report

Monday, Oct. 8, 2018, 02:38 PM

SubPrime Auto Finance News Staff

GWC Warranty is quite bullish on the subprime auto finance space. The provider of used-vehicle service contracts sold through dealers went so far as to say that it’s “primetime for subprime” in a recent blog post. “Subprime deals bring with ... [Read More]

Servicing Solutions and masterQueue partner to strengthen collections

John Lewis at UCW

Friday, Oct. 5, 2018, 03:03 PM

SubPrime Auto Finance News Staff

Servicing Solutions and masterQueue are both involved with Repo Con at Used Car Week 2018 — Education, Celebrations, Technology and Connections — and now the companies are partnering to help finance companies with collections, too. Servicing Solutions, which specializes in ... [Read More]

Honor roll: Awards for AUL and Spireon

trophies

Friday, Oct. 5, 2018, 02:07 PM

SubPrime Auto Finance News Staff

Both Spireon and AUL Corp. added to their award collections this week. Spireon was named Internet of Things (IoT) Innovator in auto dealer management by Compass Intelligence for 2018. And AUL was named winner of both a Gold and Bronze ... [Read More]

Allied Solutions forms partnership with Location Services, which acquires Remarketing of America

partnership

Thursday, Oct. 4, 2018, 03:42 PM

SubPrime Auto Finance News Staff

Allied Solutions, one of the presenting sponsors of Used Car Week 2018, now has a closer relationship with Location Services, which also just acquired commercial consignor Remarketing of America to enhance its risk management and other offerings to auto-finance clients. ... [Read More]

Victory Recovery Services partners with VendorInsight to mitigate risk

compliance

Wednesday, Oct. 3, 2018, 03:56 PM

SubPrime Auto Finance News Staff

A member of the SubPrime 175 is enhancing its resources to maintain compliance with state and federal guidelines to better serve its auto-finance clients. Victory Recovery Services, a provider of skip-tracing and national repossession management for creditors with collateral secured ... [Read More]

Edmunds: Recent rate hikes are impacting financing, especially for new models

application

Wednesday, Oct. 3, 2018, 03:52 PM

SubPrime Auto Finance News Staff

When reacting to this week’s trade announcement coming from the White House, one of Edmunds experts cautioned that, “Given that new-vehicle prices are already stretched to record highs, things could take an ugly turn for consumer wallets, especially considering the ... [Read More]

ARA and TFA set to form one repossession association

Unity Pic for SPN

Tuesday, Oct. 2, 2018, 02:04 PM

SubPrime Auto Finance News Staff

Two of the largest repossession organizations are set to become one group. According to an announcement sent to SubPrime Auto Finance News on Tuesday morning, the American Recovery Association (ARA) and Time Finance Adjusters (TFA) are joining together. The statement ... [Read More]

Prestige Financial Services deploys artificial intelligence for subprime underwriting

artificial intelligence

Monday, Oct. 1, 2018, 02:57 PM

SubPrime Auto Finance News Staff

When roughly 70 percent of its applications resulted in turn downs, Prestige Financial Services responded by taking a significant step toward using machines instead of human manpower to examine applications and finalize underwriting. ZestFinance, a leading artificial intelligence (AI) software ... [Read More]

Another honor for president of Millennium Capital and Recovery

award winner

Friday, Sep. 28, 2018, 03:10 PM

SubPrime Auto Finance News Staff

One of the presenting sponsors of Used Car Week 2018 recently collected another accolade. Jayne Bronchetti, president of Millennium Capital and Recovery Corp., has been named one of Profiles in Diversity Journal’s Women Worth Watching for 2018 based on her ... [Read More]

Another Fed rate uptick pushes affordability limits

Federal reserve

Thursday, Sep. 27, 2018, 03:16 PM

Nick Zulovich, Senior Editor

The Federal Open Market Committee at the Federal Reserve voted unanimously to push the target range for the federal funds rate to 2 percent to 2.25 percent. Wednesday’s development marked the fourth rate hike this year, building expectations for at least ... [Read More]

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