Connecting auto finance, risk management & interest rates ahead of Fed’s last policy meeting of year
Tuesday, Dec. 9, 2025, 10:23 AM
COMMENTARY: A dealer's 2026 strategy guide for F&I in the new age of affordability
Monday, Dec. 8, 2025, 09:55 AM
Growing volume of paper booked in Q3 has terms stretching toward 2033
Thursday, Dec. 4, 2025, 10:58 AM
Cutting keys & cutting costs during repossessions and recoveries
Drawing standing-room-only attendance in the second-largest setting at Used Car Week 2025, Ryan Miller led a six-executive panel session that focused on one of the most complex challenges in all of repossessions and recoveries. Now available through this episode of ... Listen Here
Wednesday, Dec. 10, 2025, 04:42 PM
Four experts on automotive & the economy
Used Car Week 2025 again brought together experts who can explain which parts of the economy impact automotive most. This year’s event included views from Laura Wehunt of Black Book, Tim Gill of the American Financial Services Association, T.J. Cox ... Listen Here
Wednesday, Dec. 10, 2025, 04:39 PM
Sponsored Episode: Winning Trade-Ins and Trust – Navigating Today’s Affordability Challenges
Affordability challenges are reshaping the automotive landscape—vehicle prices and payments are at all-time highs and negative equity is on the rise. In this episode, Micah Tindor offers a data-driven conversation with real-world strategies around acquisition tactics and long-term profitability to ... Listen Here
Friday, Dec. 5, 2025, 03:15 PM
EFG Companies unveils tool so dealers can self-adjudicate claims
Wednesday, Aug. 16, 2017, 02:51 PM
SubPrime Auto Finance News Staff
This week, EFG Companies launched what it’s calling EFG Express Claims, one of the industry’s first claims automation systems that can enable dealerships to self-adjudicate claims and receive automatic approvals. The company explained EFG Express Claims can automate the claims ... [Read More]
COMMENTARY: Watching for signs of commercial-side weakness
Tuesday, Aug. 15, 2017, 03:12 PM
Nick Zulovich, Senior Editor
We often report on the delinquency rates of vehicle installment contracts held by consumers. Later this week, TransUnion plans to share its second-quarter data with SubPrime Auto Finance News. But what about the repayment activity by dealerships associated with the ... [Read More]
KPA buys Automotive Compliance Consultants
Tuesday, Aug. 15, 2017, 01:58 PM
SubPrime Auto Finance News Staff
Automotive Compliance Consultants — listed among the SubPrime 175 published by SubPrime Auto Finance News as well as the Power 300 published in Auto Remarketing — has a new owner, according to a news release distributed on Tuesday. KPA Services, ... [Read More]
J.D. Power’s latest dealer study underscores importance of underwriting department
Monday, Aug. 14, 2017, 03:10 PM
SubPrime Auto Finance News Staff
Answering questions such as "What's needed to complete this customer's financing?" appears to be a main theme of which finance companies scored well in the J.D. Power 2017 U.S. Dealer Financing Satisfaction Study and which ones did not. Analysts determined great ... [Read More]
Capital One closes $23M floor plan revolver with Missouri dealer
Monday, Aug. 14, 2017, 03:07 PM
SubPrime Auto Finance News Staff
On Monday Capital One announced that the finance company provided a $23 million floorplan line of credit to Johnny Londoff Chevrolet, a second-generation family owned dealership that has been in business for more than 60 years in Florissant, Mo., a ... [Read More]
CARite taps Westlake for installment contract financing
Friday, Aug. 11, 2017, 02:28 PM
SubPrime Auto Finance News Staff
A dealership chain specializing in subprime leasing now has a captive-like relationship with one of the market’s larger finance companies to serve customers who would rather make a purchase through a vehicle installment contract. On Thursday, Westlake Financial Services and ... [Read More]
MUSA Auto Finance launches dealer portal to expedite leasing
Friday, Aug. 11, 2017, 02:24 PM
SubPrime Auto Finance News Staff
MUSA Auto Finance, a company specializing in new and pre-owned vehicle leasing, launched its online portal on Thursday where dealers can submit applications, receive decisions and print pre-populated lease contracts. MUSA Auto Finance highlighted this portal can automate a typically complicated ... [Read More]
RoadVantage makes 3 executive moves
Friday, Aug. 11, 2017, 02:22 PM
SubPrime Auto Finance News Staff
F&I program provider RoadVantage made a trio of personnel moves this week, including promoting Randy Ross to president of sales. Ross, who previously was RoadVantage’s senior vice president of sales, has been with the company for five years and has been instrumental ... [Read More]
Fusion buys GrooveCar Family of Brands
Thursday, Aug. 10, 2017, 05:14 PM
SubPrime Auto Finance News Staff
Fusion Auto Finance, a company in the credit union leasing space, has purchased the GrooveCar Family of Brands, the businesses said in a news release Thursday. Included in the GrooveCar Family of Brands are CU Xpress Lease, an auto lease program ... [Read More]
2 factors hurt Nicholas Financial’s quarterly originations
Thursday, Aug. 10, 2017, 02:07 PM
SubPrime Auto Finance News Staff
Nicholas Financial acknowledged two elements combined to erode its originations during its most recent quarter that closed on June 30, but the subprime auto finance company is remaining steadfast in its strategy to maintain discipline during challenging market conditions. The ... [Read More]
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