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

Westlake Portfolio Management adds another $300M to auto segment

New NCC tool powered by Equifax geared to help dealerships spot chargeback risk

Federal Reserve’s annual report on economic well-being of US households shows consistency

This Month's Focus

Artificial Intelligence

Urban Science survey: Dealers confident in sales process, wary of AI for lead follow-ups

Friday, May. 15, 2026, 11:48 AM

The sixth annual automotive research study by Urban Science in collaboration with The Harris Poll highlighted that nine in 10 U.S. car buyers said a traditional dealership is their top choice for purchasing a vehicle. Now let’s delve deeper into ... Read More

Bain Survey: Few Companies Ready for Sustainability Rules (24%)

Building on three-year partnership, Bain invests in OpenAI Deployment Company

Wednesday, May. 13, 2026, 12:13 PM

Bain & Company today announced an investment in the Deployment Company, a new venture launched by OpenAI with 19 global partners. According to a news release, the OpenAI Deployment Company is built to help businesses deploy artificial intelligence across their ... Read More

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

Tiger Okeley describes what it’s like for BHPH dealers during another turbulent year

Tuesday, May. 12, 2026, 01:47 PM

Tiger Okeley is the executive board member of Oak Motors, a buy-here, pay-here dealership that’s been in business for more than 40 years in central Indiana. Having seen boom times, recessions, and more, Okeley shared his insight to help owners ... Listen Here

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

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]

PayNearMe integrates with Emotive Software to smooth payment processes for dealers

Wednesday, Jul. 30, 2025, 10:56 AM

SubPrime Auto Finance News Staff

This week, PayNearMe, a fintech operation working to optimize the payment experience, announced a strategic integration with Emotive Software, an all-in-one platform with artificial intelligence-driven automation for dealers. According to a news release, the partnership natively integrates PayNearMe’s modern, flexible ... [Read More]

OttoMoto adds to board & partners with Carvant Financial

Wednesday, Jul. 30, 2025, 10:56 AM

SubPrime Auto Finance News Staff

Along with appointing a strategic advisor to its board of directors, OttoMoto recently announced a new integration with Carvant Financial, an indirect lender specializing in deep subprime auto finance. Through this integration, dealers can now submit directly to Carvant Financial ... [Read More]

Salient gains $60M in funding for servicing solution already praised by subprime lenders

Tuesday, Jul. 29, 2025, 10:27 AM

SubPrime Auto Finance News Staff

Already earning high praise from a quartet of finance companies that often operate in the subprime space, Salient announced on Monday that it has secured $60 million in funding to reinforce operations as an artificial intelligence-powered financial services technology provider. ... [Read More]

Fed’s Waller makes argument for rate cut next week

Friday, Jul. 25, 2025, 09:22 AM

SubPrime Auto Finance News Staff

For dealerships and finance companies looking for an interest rate cut next week, Christopher Waller of the Federal Reserve is arguing vehemently on your behalf. During an appearance last week at New York University, the Fed governor recapped the position ... [Read More]

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