A Look Back at Last Two Decades of the Used-Car Industry in Canada
In the grand finale of our podcast episodes from Canada’s Used Car Week in June, conference chair and Cherokee Media Group president Bill Zadeits is joined by Brad Hart and Peter Snoyer on a panel celebrating 20th anniversary of the ... Listen Here
Thursday, Sep. 18, 2025, 02:32 PM
SPONSORED EPISODE: AI & Big Data Deliver Significant Improvements to Inventory Management
In this sponsored episode of the Auto Remarketing Podcast, Merritt Critcher, Director of Product Management with CDK speaks with Bill Zadeits about the newest trends and potential for AI and big data to meet and exceed the inventory management needs ... Listen Here
Thursday, Sep. 11, 2025, 04:33 PM
Matt Rice
Experian on how much auto refinancing is gaining traction
Melinda Zabritski, Experian’s head of automotive financial insights, said consumers are looking for ways to secure more favorable vehicle financing terms, especially with interest rates leveling out and perhaps a cut coming next week from the Federal Reserve. The base ... Listen Here
Thursday, Sep. 11, 2025, 01:53 PM
As CFPB revises CID process, scammers use bureau’s name to swindle consumers
Monday, Jan. 29, 2018, 04:45 PM
Nick Zulovich, Senior Editor
Well, here is an interesting twist, since probably the last thing that auto finance companies or dealerships feel if they’ve been contacted by the Consumer Financial Protect Bureau is that they’ve won the lottery. There have been several times that ... [Read More]
PAR North America promotes 3 executives
Friday, Jan. 26, 2018, 03:41 PM
SubPrime Auto Finance News Staff
Coming on the same day KAR Auction Services named a new president at ADESA, another business unit within the company made a trio of promotions. PAR North America, a leading U.S. provider of vehicle transition services with coast-to-coast solutions for ... [Read More]
Innovate Auto Finance secures $50M deal with asset management firm
Friday, Jan. 26, 2018, 03:40 PM
SubPrime Auto Finance News Staff
Investment firms continue to push funds into the auto finance space. Not long after defi SOLUTIONS landed $55 million, Innovate Auto Finance — a purchaser and servicer of automobile loan portfolios and provider of line-of-credit financing — said it has ... [Read More]
Ally pledges $750M to buy contracts from DriveTime
Wednesday, Jan. 24, 2018, 05:03 PM
SubPrime Auto Finance News Staff
DriveTime might be still searching for a new chief executive officer, but the retailer that specializes in working with consumers with soft credit now has more resources for originations. Ally Financial on Wednesday announced that it has entered into an ... [Read More]
As DRN’s hotlist hits new high, recoveries top record $2B
Wednesday, Jan. 24, 2018, 02:57 PM
SubPrime Auto Finance News Staff
Digital Recognition Network (DRN) is finding plenty of work for repossession agents to do, and it’s resulting in record recoveries for auto finance companies. DRN highlighted on Tuesday that its active hotlist hit an all-time high of 360,000 license plate ... [Read More]
Enhanced workforce pushes CRIF Select to nearly $4B in originated volume
Wednesday, Jan. 24, 2018, 02:56 PM
SubPrime Auto Finance News Staff
Boosting its workforce worked out nicely for CRIF Select. CRIF Select, a division of CRIF Lending Solutions and provider of indirect auto finance partner programs, announced on Wednesday that the company surpassed $3.7 billion in funded paper volume for 2017. ... [Read More]
Darwin Automotive updates platform based on latest Military Lending Act interpretation
Tuesday, Jan. 23, 2018, 06:10 PM
SubPrime Auto Finance News Staff
F&I software provider Darwin Automotive announced on Tuesday that it has integrated smart disqualify technology into its F&I platform that can disqualify products based on Military Lending Act (MLA) qualifications. The company said this technology is incorporated into the platform ... [Read More]
FTC Act civil penalties rise based on inflation
Tuesday, Jan. 23, 2018, 04:27 PM
SubPrime Auto Finance News Staff
In combing through the Federal Register this week, the National Automobile Dealers Association found that the Federal Trade Commission recently announced increases to various civil penalties amounts within its jurisdiction to adjust for inflation. In particular, that could be associated ... [Read More]
Top 10 used brands that financed buyers stretch most to afford
Tuesday, Jan. 23, 2018, 03:37 PM
SubPrime Auto Finance News Staff
LendingTree released findings of its study on which brands buyers who secure financing are stretching the most to afford. The company acknowledged financing a vehicle is one of the more significant financial decisions Americans make, and even those who try ... [Read More]
2 newest F&I Express executives each possess 20 years of experience
Monday, Jan. 22, 2018, 03:58 PM
SubPrime Auto Finance News Staff
F&I Express recently added two executives to its company team who each possess more than 20 years professional experience. First, the company announced Gary Peek has joined the business team as chief information officer. Management highlighted that Peek will be ... [Read More]
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