AFSA & NIADA welcome halt of discretionary publication of complaint narratives & visualizations by CFPB
Monday, Aug. 17, 2026, 10:34 AM
DriveItAway posts highest monthly revenue in company history
Friday, Aug. 14, 2026, 10:26 AM
Credit Acceptance plucks Amazon AI expert to be CTO
Thursday, Aug. 13, 2026, 09:48 AM
Deeper dive into rising LTVs with TransUnion’s Satyan Merchant
One of the notable findings from TransUnion’s Q2 2026 Credit Industry Insights Report (CIIR) was how much loan-to-value ratios have changed in the past five years. Satyan Merchant, one of this year’s Automotive Intelligence Award recipients and senior vice president ... Listen Here
PayNearMe chief product officer John Minor on intersection of payments & technology
PayNearMe recently shared new search, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about ... Listen Here
Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
Car-Ware integrates BillingTree digital payment technology into its dealer management solutions
SubPrime Auto Finance News Staff
Here is another development in the industry’s effort to help contract holders make their monthly payments in ways they prefer. Payment technology and services provider BillingTree recently announced that auto dealer management specialists Car-Ware will integrate the myPayrazr solution suite ... [Read More]
New-car financing tightens up
Joe Overby, Staff Writer
Interest rates on new-car financing is at a near-decade high, and zero-percent deals are at a seven-year low, according to Edmunds — all while the average total amount and monthly payment on new-car finance packages has reached record levels, says ... [Read More]
FCA wants its own captive, reviews Chrysler Capital options
SubPrime Auto Finance News Staff
According to confirmation from Fiat Chrysler Automobiles on Friday, how FCA dealers can finance inventory and their retail sales is going to change. The automaker announced it intends to establish a captive financial services arm to provide U.S. consumers with more ... [Read More]
Fitch conducts 2 stress tests to examine recovery impact
SubPrime Auto Finance News Staff
A new Fitch Ratings report shared results of internally conducted stress tests that likely won’t please recovery managers, but these findings nevertheless cannot be ignored by any finance company, regardless of size. Fitch explained that falling used-vehicle values and swelling ... [Read More]
PointPredictive leverages machine learning for income verification tool
SubPrime Auto Finance News Staff
Through advancements in machine learning, auto finance companies now have another tool to answer one of the most important questions during the underwriting process. PointPredictive recently released its newest product — Income Validation Alert — a solution that can offer ... [Read More]
RISC acquires Recovery Standard Training
SubPrime Auto Finance News Staff
The compliance education and training offerings from Recovery Industry Services Company (RISC) just became much more robust. On Tuesday, RISC announced the acquisition of Recovery Standard Training, which is curriculum created and maintained by Hudson Cook. Officials highlighted the program ... [Read More]
While still sizeable, rate consumers could handle a $400 emergency improves
SubPrime Auto Finance News Staff
It’s taken five years, but federal officials are seeing an improvement if consumers faced a financial emergency roughly equal to one payment on their vehicle installment contract. The Federal Reserve Board’s latest Report on the economic well-being of U.S. households ... [Read More]
GSFSGroup creates new executive post to lead F&I technology development
SubPrime Auto Finance News Staff
GSFSGroup created a new executive position to respond to growth and an increasing need for data management and innovative technology in the automotive F&I industry. The provider and administrator of a comprehensive portfolio of F&I products for dealerships this week ... [Read More]
Autotrader, KBB and LendingTree collaborate to present online financing options
SubPrime Auto Finance News Staff
As Kelley Blue Book rolls out its latest marketing campaign, Autotrader and KBB are teaming up with LendingTree to help potential buyers secure financing options just in time for Memorial Day weekend sales events. The Cox Automotive companies announced on ... [Read More]
BillingTree survey shows how much CFPB concerns have diminished
SubPrime Auto Finance News Staff
Key findings of BillingTree’s sixth annual Operations and Technology Survey involving collections, recoveries and more, are showing just how much of an impact all of the widespread changes at the Consumer Financial Protection Bureau are leaving on service providers. For the ... [Read More]
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