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
New VSC launched to serve drivers for Uber, Lyft and other ride-sharing operations
SubPrime Auto Finance News Staff
Dealerships of all sizes oftentimes sell vehicle service contracts and extended warranties in their F&I offices. Now a company has come on the scene looking to offer VSCs and extended warranties for consumers who are utilizing their vehicles for services ... [Read More]
TransUnion acquisition in UK bolsters global footprint
SubPrime Auto Finance News Staff
Already with a strong presence in Canada, TransUnion is continuing to broaden its global credit market footprint with another move in Europe. Roughly six months after acquiring alternative data provider FactorTrust in the U.S., TransUnion recently announced an agreement to ... [Read More]
SNH Capital Partners acquires ProMax
SubPrime Auto Finance News Staff
Not only is the investment community finding ways to fuel auto finance companies that originate paper, they’re also navigating paths to secure firms that provide critical ancillary services that help foster the entire process. According to news release distributed on ... [Read More]
Digital Recognition Network hands out 9 awards during NARS
SubPrime Auto Finance News Staff
Along with raising funds during the North American Repossession Summit (NARS) to support the Recovery Agents Benefit Fund (RABF), Digital Recognition Network (DRN) presented top providers and affiliate awards during last week’s events to honor organizations that have demonstrated excellence ... [Read More]
ARS to outsource assignments via MBSi’s repossession platform
SubPrime Auto Finance News Staff
MBSi Corp., and American Recovery Service (ARS) recently broadened their relationship. The repossession assignment software and vendor compliance solutions provider and national repossession services firm are expanding their partnership as ARS will soon begin outsourcing repossession assignments through MBSi’s repossession ... [Read More]
FTC continues fight against illegal phone calls
SubPrime Auto Finance News Staff
While phone calls remain an important tool for collectors and skip-tracers at auto finance companies, the Federal Trade Commission told the U.S. Senators last week that the agency “is using every tool at its disposal to fight” illegal robocalls. Appearing ... [Read More]
Wells Fargo enters consent orders with $1 billion civil penalties
SubPrime Auto Finance News Staff
Wells Fargo said Friday it has entered consent orders with the Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau, under which the company will have to pay civil penalties totaling $1 billion. The consent orders ... [Read More]
GrooveCar gears up for annual April Auto Sales Event
SubPrime Auto Finance News Staff
Along with an effort to raise awareness and funds for Special Olympics NY, GrooveCar is running its annual April Auto Sales Event starting on Friday through its network of participating credit unions and dealerships. Credit unions in the New York ... [Read More]
Zurich now available on Darwin Automotive
SubPrime Auto Finance News Staff
Darwin Automotive’s menu for dealership F&I departments became even more robust this week. Darwin announced that it has added Zurich North America’s F&I products to the Darwin core F&I menu, as well as Darwin digital retailing and service menu. “We ... [Read More]
4 trade associations cheer Senate vote to repeal CFPB auto finance bulletin
Nick Zulovich, Senior Editor
Four of the industry associations with significant presence on Capitol Hill celebrated on Wednesday after the U.S. Senate passed a Congressional Review Act Resolution (S.J. Res. 57) to repeal the 2013 Auto Finance Bulletin issued by the Consumer Financial Protection ... [Read More]
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