Experts see Middle East conflict making current car & credit markets even more challenging

Tuesday, Mar. 24, 2026, 10:27 AM

With additional insight about affordability, FICO watches averages credit scores tick lower again

Wednesday, Mar. 25, 2026, 11:27 AM

PODCAST: Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business

Wednesday, Mar. 25, 2026, 01:05 PM

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Edge Financial Services names Marohn as CEO to lead growth strategy

Another former T-Mobile executive joins Credit Acceptance

NAF Association collecting nominations for awards to be given during 30th annual conference

Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial

Wednesday, Mar. 25, 2026, 04:43 PM

Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Kelly Wyatt, who is chief digital officer with GM Financial. Wyatt shares a conversation with Cherokee Media Group senior editor Nick Zulovich about being ... Listen Here

Industry Elite: Sean Morgan of Westlake Financial

Monday, Mar. 23, 2026, 03:07 PM

Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here

Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings

Monday, Mar. 23, 2026, 01:56 PM

Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here

CARite secures $45M in funding to boost lease portfolio

money-stack

Wednesday, Jan. 10, 2018, 05:29 PM

SubPrime Auto Finance News Staff

CARite received an injection of funds to expand its leasing portfolio from a finance provider that has an understanding of what the company is trying to accomplish within the subprime market. On Wednesday, Crystal Financial announced the completion of a ... [Read More]

REPAY makes another acquisition, securing PayMaxx Pro

latest news

Wednesday, Jan. 10, 2018, 05:27 PM

SubPrime Auto Finance News Staff

More industry consolidation came to light on Wednesday as Realtime Electronic Payments (REPAY) made another acquisition. The provider of advanced payment technology products and electronic transaction processing services for the consumer finance industry has acquired PayMaxx Pro, an electronic payments ... [Read More]

Black Book’s newest tool sharpens valuations based on vehicle history

headlight

Tuesday, Jan. 9, 2018, 04:13 PM

SubPrime Auto Finance News Staff

Auto finance companies and dealerships integrally involved in underwriting might have some kind of vehicle-history component embedded into their scorecards and other tools. However, Black Book on Tuesday rolled out what the vehicle valuation company believes is its most precise ... [Read More]

F&I Express and F&I Administration Solutions partner to manage product cancellation process

compliance

Monday, Jan. 8, 2018, 04:04 PM

SubPrime Auto Finance News Staff

F&I Express and F&I Administration Solutions recently expanded their relationship to help finance companies, F&I product providers and dealerships improve their aftermarket product cancellation performance and compliance. The companies highlighted that the integration of F&I Express and F&I Admin addresses ... [Read More]

4 recommendations for an F&I edge to start 2018

best practices

Monday, Jan. 8, 2018, 04:02 PM

SubPrime Auto Finance News Staff

The team at GWC Warranty offered four suggestions to help dealerships looking for an edge in January and the rest of 2018. Recommendations to boost sales as well as ongoing success in the F&I office, GWC Warranty declared that “there’s ... [Read More]

Additional subprime paper impacts November ABS readings

news pic_15

Friday, Jan. 5, 2018, 01:32 PM

SubPrime Auto Finance News Staff

S&P Global Ratings described what more subprime paper flowing into the auto loan asset-backed securities (ABS) market did to its readings for November. According to a report published this week, the overall ABS market enjoyed some “mild” improvements in November. Analysts ... [Read More]

Prospects for interest rates doubling in 2 years

interest rates

Thursday, Jan. 4, 2018, 03:55 PM

SubPrime Auto Finance News Staff

Two participants on the Federal Open Market Committee (FOMC) at the Federal Reserve see the target range for the federal funds rate surpassing 4 percent in 2020 with nine other policymakers anticipating that the reading hits at least 3 percent ... [Read More]

Average transaction prices for new models set new high

couple-buying-car

Wednesday, Jan. 3, 2018, 04:16 PM

SubPrime Auto Finance News Staff

The risk auto finance companies absorbed when taking on new-vehicle paper certainly didn’t wane as 2017 closed. On Tuesday, analysts at Kelley Blue Book reported the estimated average transaction price (ATP) for light vehicles in the United States came in ... [Read More]

DriveTime seeking new CEO to replace Fidel

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Wednesday, Jan. 3, 2018, 02:23 PM

SubPrime Auto Finance News Staff

DriveTime on Tuesday morning announced an executive succession process. The company said DriveTime chief executive officer Ray Fidel entered into definitive agreements in late November for Fidel's transition out of his role as CEO in December. DriveTime indicated the transition ... [Read More]

November auto defaults hold steady

money-key

Tuesday, Jan. 2, 2018, 03:26 PM

SubPrime Auto Finance News Staff

In the midst of the holiday break, analysts from S&P Dow Jones Indices and Experian released an update on auto finance defaults through November. Fortunately, what they spotted shouldn’t give the industry an unwanted jolt to start regular business operations ... [Read More]

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