Credit Acceptance’s c-suite changes continue by appointing new CFO

Wednesday, Jun. 10, 2026, 08:01 PM

LocateSmarter & Repo Report partner to boost agent efficiency

Wednesday, Jun. 10, 2026, 03:24 PM

‘Front-row seat’ gives Lackey path to become TurboPass CEO

Wednesday, Jun. 10, 2026, 11:10 AM

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Subprime share moving opposite of Dealertrack Credit Availability Index, which hits highest point in more than 4 years

PODCAST: Experian’s Melinda Zabritski discusses ongoing stretching of terms

Explaining ‘genuine crosscurrents’ that could impact auto finance & retail this summer

Experian’s Melinda Zabritski discusses ongoing stretching of terms

Friday, Jun. 12, 2026, 09:35 AM

The latest appearance on the Auto Remarketing Podcast by Melinda Zabritski, Experian’s head of automotive financial insights and Automotive Intelligence Award recipient, focused on auto-loan terms, which oftentimes are at least 72 months nowadays. Zabritski also compared a data point ... Listen Here

Forming the Transport Queens with Amber Gosney of SYCN Auto Logistics

Tuesday, Jun. 2, 2026, 01:30 PM

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PODCAST: Autonomous vehicles & the used-car market with Peter Janczewski of Draiver

Tuesday, Jun. 2, 2026, 01:23 PM

We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. To get a better understanding of how autonomous technology ... Listen Here

New Open Lending CFO starts on Aug. 18

AutoCanada Announces Board Appointments

Friday, Aug. 8, 2025, 09:52 AM

SubPrime Auto Finance News Staff

Open Lending Corp. will have a new chief financial officer in place on Aug. 18. The provider of automotive lending and risk analytics solutions for financial institutions recently appointed Massimo Monaco as its incoming CFO, an executive who will bring ... [Read More]

ACC pauses originations but not ‘a closure of business’

latest news

Friday, Aug. 8, 2025, 09:11 AM

SubPrime Auto Finance News Staff

One of the longest-tenured finance companies in the subprime space has paused originations but said, “This is not a closure of business.” Automotive Credit Corp. (ACC) said late Thursday afternoon it will continue to fund all complete contract packages that ... [Read More]

IAA sees salvage transactions with negative equity remain at 3-year high in Q2

Wednesday, Aug. 6, 2025, 02:07 PM

SubPrime Auto Finance News Staff

Negative equity can be significant hurdle to clear when dealerships handle trades, as Edmunds recently reported 7.7% of trade-ins toward a new-vehicle purchase during the second quarter were upside down by more than $15,000. Negative equity can be a conundrum ... [Read More]

Vola CreditMap aimed at helping consumers handle debt & increase credit scores

Wednesday, Aug. 6, 2025, 10:32 AM

SubPrime Auto Finance News Staff

Coinciding with the Federal Reserve Bank of New York tabulating that total consumer debt surpassed $18 trillion during the second quarter, personal financial management platform Vola Finance rolled out a new loan management dashboard designed to help consumers take control ... [Read More]

New York Fed sees stability in auto-finance sector but turbulence involving student loans

Wednesday, Aug. 6, 2025, 10:30 AM

SubPrime Auto Finance News Staff

While student-loan metrics are deteriorating because of changes in federal policies, auto-loan trends are staying stable. That’s two of the primary findings from the Quarterly Report on Household Debt and Credit released on Tuesday by the Federal Reserve Bank of ... [Read More]

Wolters Kluwer: ‘Enforcement pullback exceeds even the most aggressive predictions’

Tuesday, Aug. 5, 2025, 10:05 AM

SubPrime Auto Finance News Staff

New information from Wolters Kluwer about how much the regulatory landscape has changed since President Trump started his second term prompted experts to say, “this enforcement pullback exceeds even the most aggressive predictions.” According to new data from Wolters Kluwer ... [Read More]

Western Funding executes first securitization

Lendbuzz gains $100M warehouse facility through MUFG

Monday, Aug. 4, 2025, 11:08 AM

SubPrime Auto Finance News Staff

Western Funding is now in the securitization business, too. Late on Friday, the subsidiary company of Westlake Technology Holdings announced the successful closing of its inaugural asset-backed securitization (ABS), WEFUN 2025-1, totaling $400 million. Management said this transaction marks Western ... [Read More]

PODCAST: TransUnion explains auto-refinancing opportunities with 18M consumers

Monday, Aug. 4, 2025, 11:08 AM

SubPrime Auto Finance News Staff

Even without the aid of an interest rate cut from the Federal Reserve that’s displaying some dissension, TransUnion is bullish about the prospects from auto refinancing. Analysts acknowledged many consumers continue to face pressure on their household budgets, prompting a ... [Read More]

Onbe & Allied Solutions partner to streamline auto-loan refund operations

Friday, Aug. 1, 2025, 10:05 AM

SubPrime Auto Finance News Staff

Onbe and Allied Solutions announced a partnership on Thursday designed to help financial institutions, finance companies, dealerships and their clients modernize the automotive refund process. The partnership is fueled by Allied Solutions’ Refund Plus solution, which offers comprehensive support for ... [Read More]

Miller & Cleveland are now co-CEOs of ComplyAuto

Friday, Aug. 1, 2025, 10:05 AM

SubPrime Auto Finance News Staff

Brad Miller joined ComplyAuto a little more than a year ago after being with the National Automobile Dealers Association. Now, Miller is co-CEO of the regulatory compliance firm developed “for dealers, by dealers.” ComplyAuto announced Miller has been appointed co-CEO, ... [Read More]

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