AFSA offers 8 recommendations to smooth CFPB complaint database issues
Friday, Mar. 6, 2026, 09:39 AM
Experian: Subprime financing originated during a Q4 climbs to highest level in four years
Thursday, Mar. 5, 2026, 11:06 AM
Used Car Summit’s auto finance roundtable to foster conversations about collections, risk management & more
Wednesday, Mar. 4, 2026, 02:44 PM
Carleton’s Tim Yalich on how critical accurate payment information is to today’s car shoppers
Tim Yalich, who now is vice president of business development for Carleton, returned for an appearance on the Auto Remarketing Podcast. Yalich explained how much more crucial accurate payment information is to today’s car shoppers in an environment with some ... Listen Here
Tuesday, Mar. 10, 2026, 02:48 PM
Widewail CEO Cuyler Owens
Cuyler Owens is CEO of Widewail, a reputation and customer experience platform for the auto industry Cuyler joined Widewail as CEO in December, following nearly three years as chief revenue officer of TrustRadius, and time with Dell, Vmware and Dealerware. ... Listen Here
Monday, Mar. 9, 2026, 08:09 PM
Automotive Intelligence Award Honoree: Patrick Manzi of NADA
Our conversations with the 2026 Automotive Intelligence Award winners continue with Patrick Manzi, who is the chief economist at the National Automobile Dealers Association. Manzi , who got his first subscription to Car and Driver in his early teens, talks ... Listen Here
Friday, Mar. 6, 2026, 07:55 PM
LenderLive broadens compliance solutions for vehicle finance
Tuesday, Aug. 1, 2017, 04:23 PM
SubPrime Auto Finance News Staff
LenderLive Services, a division of LenderLive Holdings, announced on Tuesday that it will now provide expanded compliance services through a new line of business: LenderLive Compliance Solutions. The company highlighted the new entity will offer both bundled and a la ... [Read More]
Down payments for used & new models on the rise
Tuesday, Aug. 1, 2017, 03:09 PM
SubPrime Auto Finance News Staff
New auto finance analysis from Edmunds shows increases in term length and monthly payments. These metrics have made headlines for some time now as potential buyers focus on what they can fit into their budgets. But Edmunds also noticed an increase ... [Read More]
MVTRAC secures financial resources from Bison Capital
Tuesday, Aug. 1, 2017, 03:06 PM
SubPrime Auto Finance News Staff
License plate recognition (LPR) software and data solutions provider MVTRAC on Tuesday announced the closing of growth recapitalization of the company with Bison Capital Asset Management along with changes to its top leadership structure. MVTRAC shared Bison Capital’s investment will allow ... [Read More]
2015 subprime vintage suffers losses not seen since 2005
Monday, Jul. 31, 2017, 03:20 PM
SubPrime Auto Finance News Staff
With average vehicle installment contract terms nearly at 70 months and outstanding auto asset backed security issuance at the highest level in 14 years, the latest update from Fitch Ratings also pinpointed where the weakest vintage in subprime financing appears ... [Read More]
3 more states added to Reynolds’ LAW F&I Library
Monday, Jul. 31, 2017, 03:18 PM
SubPrime Auto Finance News Staff
Now Reynolds and Reynolds only has seven states to go to cover all of the U.S. with resources from its LAW F&I Library — a comprehensive catalog of standardized, legally reviewed finance and insurance (F&I) documents for franchised dealers. Reynolds ... [Read More]
Wells Fargo to distribute $80M in refunds over insurance issue
Friday, Jul. 28, 2017, 02:28 PM
SubPrime Auto Finance News Staff
Arriving within two weeks of reporting its auto financing originations dropped 45 percent year-over-year, Wells Fargo late on Thursday announced a plan to remediate auto finance customers of Wells Fargo Dealers Services who may have been financially harmed due to ... [Read More]
Fed passes again on interest rate rise
Thursday, Jul. 27, 2017, 02:34 PM
Nick Zulovich, Senior Editor
Voting unanimously, all nine members of the Federal Reserve’s Federal Open Market Committee agreed to maintain the target range for the federal funds rate at 1 to 1.25 percent during their meeting this week. First Franklin Financial Services projected when ... [Read More]
DRN & Pelican Auto Finance highlight successful relationship
Wednesday, Jul. 26, 2017, 06:35 PM
SubPrime Auto Finance News Staff
The relationship forged between Digital Recognition Network (DRN) and Pelican Auto Finance, a subprime auto finance company operating in California and Pennsylvania, is proving to be beneficial for both operations. The companies shared this week that Pelican reports increased asset ... [Read More]
GWC Warranty sponsors summer meal program for at-risk children
Wednesday, Jul. 26, 2017, 03:21 PM
SubPrime Auto Finance News Staff
GWC Warranty, a provider of used vehicle service contracts and related finance and insurance products sold through dealers, has partnered with the Commission on Economic Opportunity (CEO) to sponsor a Food 4 Kids van. CEO’s Food 4 Kids Summer Program ... [Read More]
Former Ally, Exeter exec joins White Clarke Group
Wednesday, Jul. 26, 2017, 03:18 PM
SubPrime Auto Finance News Staff
An experienced industry executive whose career includes stops with Ally Financial and Exeter Finance is now with loan origination and servicing software solutions provider White Clarke Group. White Clark Group announced this week that Nick Ockwell has joined the company ... [Read More]
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