TruDecision’s Parry defends current status of subprime auto finance

Monday, May. 11, 2026, 11:52 AM

Car-buying intention remains positive even as consumers face more headwinds

Thursday, May. 7, 2026, 11:12 AM

NAF Association reveals next recipients of Jack Tracey Pinnacle Award & Summit Leadership Award

Friday, May. 8, 2026, 10:56 AM

Latest Stories

CARS Protection Plus taps Circuitry.ai Warranty Decision Intelligence to help adjusters resolve claims faster

Endurance celebrates 20 years, highlighting growth & investment in warranty space

Reviewing FICO & FSA data to see how much student loans could be impacting your auto-finance portfolio

This Month's Focus

Artificial Intelligence

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

Carfluent’s new AI tool helps dealerships beat aggregators in searches

Monday, May. 11, 2026, 09:51 AM

A growing percentage of consumers now use artificial intelligence as what marketplace Cars.com describes as a “trusted co-pilot” in their search for a vehicle to purchase. Meanwhile, other studies suggest that dealership websites are not visible to many of those ... Read More

ChatGPT app represents the latest step in CarMax’s ongoing AI evolution

Monday, May. 11, 2026, 09:45 AM

Yes, it’s AI — everyone’s favorite buzzword. But when it comes down to it, artificial intelligence is only part of what CarMax’s new ChatGPT app is all about. The company billed as the nation’s largest used-car retailer touted the app, ... Read More

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

Byron Oldham of Honest Autos & FIADA

Monday, Apr. 27, 2026, 07:47 PM

Byron Oldham is president of the family-owned Honest Autos dealership and is president of the board at the Florida Independent Automobile Dealers Association. In this episode, Oldham talks with Cherokee Media Group senior editor Joe Overby about the upcoming Southeast ... Listen Here

Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’

Sunday, Apr. 19, 2026, 04:27 AM

Kathi Kruse, the Automotive CFO-To-Go who brings her financial expertise — born through years of experience as a dealership chief financial officer — to dealers needing help in that area, is back on the Auto Remarketing Podcast. In this episode, ... Listen Here

Buoyed in part by job market, Fed might not cut interest rates until year end

interest rate picture new

Wednesday, Jul. 16, 2025, 11:16 AM

SubPrime Auto Finance News Staff

If you’re hoping the Federal Reserve cuts interest rates this month, you might be disappointed. Comerica Bank predicted policymakers might not make a move until it’s time to celebrate Christmas, Hannukah and Kwanzaa. The Federal Open Market Committee will announce ... [Read More]

Cox Automotive spots 6 troubling trends from June auto-finance performance

latest news

Tuesday, Jul. 15, 2025, 09:48 AM

SubPrime Auto Finance News Staff

Being a music aficionado and chief economist, Cox Automotive’s Jonathan Smoke could have included some woeful blues tracks when he highlighted six points about the current performance of auto financing in his Auto Market Weekly Summary. While not mentioning songs ... [Read More]

Auto credit availability improves again in June

S&P Global Ratings

Thursday, Jul. 10, 2025, 02:46 PM

SubPrime Auto Finance News Staff

Both summertime temperatures and the Dealertrack Credit Availability Index are on upward trajectories. Cox Automotive reported on Thursday that the June index reflected a second consecutive month of improved credit access, rising to 97.3. That’s up from 96.5 in May. ... [Read More]

TransUnion: Credit scores dropping by 60 points on average because of delinquent federal student loans

Revisiting topic of partial payments

Thursday, Jul. 10, 2025, 10:27 AM

SubPrime Auto Finance News Staff

The pool of consumers potentially falling into the subprime credit tier might grow by nearly 6 million individuals based on the trends connected with student loans recently highlighted by TransUnion. New research from TransUnion revealed that the number of consumers ... [Read More]

ARA highlights 4 primary compliance features of new 50-State Solution

Wednesday, Jul. 9, 2025, 01:21 PM

SubPrime Auto Finance News Staff

For agents, 50 states can mean as many as 50 different sets of regulations to follow when repossessing vehicles. To help them handle those potential complexities, the American Recovery Association launched what it called a “groundbreaking” resource on Wednesday. Called ... [Read More]

FTC distributing more than $3.5M to consumers harmed by ‘The Credit Game’

Wednesday, Jul. 9, 2025, 09:57 AM

SubPrime Auto Finance News Staff

The Federal Trade Commission basically said, “Game over,” in connection with what officials dubbed a credit-repair scheme called, “The Credit Game.” The FTC recently announced it is sending more than $3.5 million in refunds to consumers harmed by the operation. ... [Read More]

F&I Sentinel makes third major move of the summer, hiring VP of account management

Wednesday, Jul. 9, 2025, 09:51 AM

SubPrime Auto Finance News Staff

A busy summer for F&I Sentinel continued Tuesday, as the provider of tech-enabled solutions associated with F&I products in automotive finance appointed Keishawn Batts as vice president of account management. The company said Batts, who F&I Sentinel described as a ... [Read More]

Caribou sees plenty of opportunities for auto refinancing

Monday, Jul. 7, 2025, 04:20 PM

SubPrime Auto Finance News Staff

While there’s some stability in used-vehicle financing, Edmunds recently highlighted multiple all-time highs registered during the second quarter for consumers to take delivery of a new vehicle, including the percentage of individuals paying more than $1,000 monthly. At Caribou, the ... [Read More]

One Big Beautiful Bill signing cuts CFPB budget nearly in half

Monday, Jul. 7, 2025, 10:39 AM

SubPrime Auto Finance News Staff

Fireworks exploding near the White House and Capitol Hill during Fourth of July were more than just recognizing Independence Day. President Trump and Republicans cheered passage and the signing of the One Big Beautiful Bill into law, which included a ... [Read More]

Edmunds spots multiple new all-time highs for new-car financing in Q2

Thursday, Jul. 3, 2025, 10:30 AM

SubPrime Auto Finance News Staff

Used-car financing might be even more appealing for lenders and consumers, especially since Edmunds reported this week that the number of individuals committing to monthly payments of $1,000 or more hit an all-time high during the second quarter. Edmunds noticed ... [Read More]

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