Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
This Month's Focus

Artificial Intelligence
Presented by
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
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

Equifax: Why finance companies are using verification tools at record levels

Equifax Chart for SPN
Thursday, Feb. 15, 2018, 04:49 PM
Lou Loquasto, Equifax
Reading headlines from major media outlets this past summer, it might seem as though auto finance companies didn’t understand the importance of verifying income and employment information provided by applicants. Everything was written from auto finance companies being fraudsters to ... [Read More]

Neeb takes over as CEO of ACA International

board-room
Wednesday, Feb. 14, 2018, 05:02 PM
SubPrime Auto Finance News Staff
This week, Mark Neeb officially became the chief executive officer of ACA International, the Association of Credit and Collection Professionals. Neeb brings to the association nearly 40 years of corporate strategy experience, including 28 years specifically working in the credit ... [Read More]

Credit unions generate record-setting originations pace in 2017

approve
Wednesday, Feb. 14, 2018, 03:51 PM
SubPrime Auto Finance News Staff
Credit unions continue to make significant strides in booking retail installment sales contracts and vehicle leases. CU Direct and GrooveCar’s CU Xpress Lease recently highlighted just how much success they enjoyed in 2017. In fact at CU Direct, 2017 represented a ... [Read More]

GWC Warranty collects pair of workplace recognition honors

business excellence
Wednesday, Feb. 14, 2018, 03:49 PM
SubPrime Auto Finance News Staff
GWC Warranty, a provider of used-vehicle service contracts sold through dealers, recently received two awards recognizing it as a top employer both nationally and locally in the greater Wilkes-Barre area of northeastern Pennsylvania. First, GWC Warranty was recognized nationally by ... [Read More]

3 goals of CFPB’s revamped strategic plan

strategy picture
Tuesday, Feb. 13, 2018, 04:25 PM
SubPrime Auto Finance News Staff
It’s been a busy start to 2018 at the Consumer Financial Protection Bureau, especially since acting director Mick Mulvaney took office.  First came multiple waves of requests for information about how the bureau is performing. Then on Monday, the CFPB ... [Read More]

TagRail integrates with Market Scan and F&I Express to enhance mobile shopping

shop-online
Monday, Feb. 12, 2018, 04:55 PM
SubPrime Auto Finance News Staff
TagRail recently finalized the integration of Market Scan and F&I Express services into its new digital retail platform. Now TagRail’s platform can provide shoppers a transactional-specific, penny-accurate vehicle finance and aftermarket product check-out and delivery experience from their living room ... [Read More]

Nominations now welcomed for The CEO Issue 2018

SubPrime_CEOIssue-01_0
Monday, Feb. 12, 2018, 04:17 PM
SubPrime Auto Finance News Staff
It’s time again when SubPrime Auto Finance News engages with the industry for one of our most successful annual projects — "The CEO Issue." In an ongoing effort to recognize the chief executive officers who are flourishing in today’s competitive ... [Read More]

BB&T Dealer Financial Services to abandon flat fees

latest news
Friday, Feb. 9, 2018, 05:12 PM
Nick Zulovich, Senior Editor
With regulators such as the Consumer Financial Protection Bureau issuing official requests for information about the implications of rules, investigations and enforcement actions, a sterling example might have arrived from BB&T Dealer Financial Services. In a direct message to SubPrime ... [Read More]

Expecting growth, Westlake tops $1B with latest securitization

money-key
Friday, Feb. 9, 2018, 03:18 PM
SubPrime Auto Finance News Staff
After approaching the $1 billion securitization threshold last summer, Westlake Financial Services surpassed the mark, according to an announcement shared earlier this week. Westlake issued its largest asset-backed securitization (ABS) of $1 billion backed by approximately $1.1 billion of automotive ... [Read More]

BillingTree makes 7 executive moves

billltree execs for SPN
Friday, Feb. 9, 2018, 03:16 PM
SubPrime Auto Finance News Staff
Payment technology provider BillingTree looked to strengthen its company leadership to serve clients within five crucial markets, including auto financing. This week, the company announced the extension of its C-level team and made five key senior vertical industry appointments as ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X