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Expectations for repossessions in the US & Canada with Purr’s Chris Schellenberger
Wednesday, Jan. 14, 2026, 07:48 PM
Purr founder and CEO Chris Schellenberger opened Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Schellenberger, whose unique business model offers a retail consignment platform for repossessed vehicles, discussed what the repo industry could be ... Listen Here
Robert Guerrero of ClaimBuyout on inventory opportunities for dealers via repairable vehicles
Tuesday, Jan. 13, 2026, 07:19 PM
Robert Guerrero spent nearly 14 years as an executive with Insurance Auto Auctions, so he understands the complexities of damaged vehicles, distraught owners, auto insurers and repair shops. Now as the president and co-founder of ClaimBuyout, Guerrero explained how damaged ... Listen Here
Protecting yourself when it comes to vehicle transport with Autosled VP Sam Goldenberg
Monday, Jan. 12, 2026, 05:16 PM
Imagine being a dealer and the vehicle you expected to be transported to your store isn’t on the hauler behind your showroom. And no one knows where the vehicle is. To help avoid the unfortunate situation, Autosled vice president of ... Listen Here

Phoenix American Companies appoints new CRO

new hire 2
Wednesday, Mar. 26, 2025, 10:58 AM
SubPrime Auto Finance News Staff
Phoenix American Companies, a provider of vehicle service contracts, GAP, and ancillary F&I products, on Tuesday announced the appointment of Brian Olson as chief revenue officer. With more than 25 years of experience in the F&I and related markets, the ... [Read More]

Launcher builds on 5 partnerships established last year by integrating with Automatic

LCT teams with AKUVO to streamline loan refunds
Wednesday, Mar. 26, 2025, 10:57 AM
SubPrime Auto Finance News Staff
After forming five partnerships last year, Launcher finalized another one last week. This time, the technology provider specializing in automotive loan originations announced a strategic integration partnership with Automatic, a leading provider of dealership digital automation solutions for the automotive ... [Read More]

Point Predictive spots record auto fraud exposure & climbing early payment default risk

Tuesday, Mar. 25, 2025, 09:53 AM
SubPrime Auto Finance News Staff
Point Predictive on Tuesday released its 2025 Auto Lending Fraud Trends Report, detailing that finance companies face an estimated $9.2 billion in fraud loss exposure for 2025 — the highest ever measured. And another troubling metric — especially for creditors ... [Read More]

AFSA asks CFPB to table proposed auto-loan survey

CFPB files lawsuit against US Auto Sales servicer
Monday, Mar. 24, 2025, 10:36 AM
SubPrime Auto Finance News Staff
In January — three days before President Trump was inaugurated — the Consumer Financial Protection Bureau shared a proposal via the Federal Register to launch an auto-loan survey to collect a variety of information from contract holders. Last week, the ... [Read More]

NAF Association collecting nominations for 2 industry awards

Monday, Mar. 24, 2025, 10:35 AM
SubPrime Auto Finance News Staff
The National Automotive Finance Association is still collecting nominations for the two industry awards to be given during the 2025 Non-Prime Auto Financing Conference. The NAF Association is seeking nominations for the Jack Tracey Pinnacle Award as well as a ... [Read More]

Fed waiting for ‘greater clarity’ before modifying interest rates

Thursday, Mar. 20, 2025, 11:27 AM
Nick Zulovich, Senior Editor
In an expected move, the Federal Reserve left the target range for the federal funds rate at 4.25% to 4.5% this week when policymakers had their latest opportunity to modify interest rates. While Fed chair Jerome Powell said policymakers will ... [Read More]

How new tool from AT&T and TransUnion could help collectors

collections
Wednesday, Mar. 19, 2025, 12:21 PM
SubPrime Auto Finance News Staff
It’s not new that consumers often avoid calls from collectors. But according to a recent TransUnion survey, 73% of consumers said they’d be likely to answer calls if the name and logo were shown. Perhaps a tool that could help ... [Read More]

Consumers’ anticipation of being rejected for auto finance at highest level ever

Wednesday, Mar. 19, 2025, 10:37 AM
SubPrime Auto Finance News Staff
Cox Automotive recently reported that access to credit in the auto-finance market improved in February, reaching the highest level since December 2022. But the February Survey of Consumer Expectations from the Federal Reserve Bank of New York’s Center for Microeconomic ... [Read More]

PCMI gains strategic growth investment from Thoma Bravo

Wednesday, Mar. 19, 2025, 10:35 AM
SubPrime Auto Finance News Staff
This week, Thoma Bravo announced a strategic growth investment in PCMI, a provider of administration software for F&I products in the automotive and consumer end markets. According to a news release, Thoma Bravo said existing shareholders — including PCMI management, ... [Read More]

Study shows why financial insecurity remains an ‘epidemic’

Monday, Mar. 17, 2025, 03:35 PM
SubPrime Auto Finance News Staff
Northwestern Mutual’s 2025 Planning & Progress Study is the company’s proprietary research series that explores Americans’ attitudes, behaviors and perspectives across a broad set of issues impacting their long-term financial security. It might also be a good look what the ... [Read More]
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