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
GWC Warranty promotes Pratt to AVP of strategic alliances
Wednesday, Jul. 12, 2017, 03:55 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 appointed Wendy Pratt as the new associate vice president of strategic alliances. Pratt joined GWC Warranty in 2010 and shortly thereafter was ... [Read More]
Free FICO webinar to focus on integrating collections & recovery
Wednesday, Jul. 12, 2017, 03:52 PM
SubPrime Auto Finance News Staff
FICO is hosting a complimentary webinar in hopes of giving finance companies guidance on streamlining their collections and recovery processes. During the hour-long session, titled “Integrating Collections and Recovery — From Theory to Practice” that’s set for 1 p.m. ET on ... [Read More]
Why industry is ‘disappointed’ with CFPB’s arbitration rule
Wednesday, Jul. 12, 2017, 03:47 PM
Nick Zulovich, Senior Editor
Clearly the industry is “disappointed” that the Consumer Financial Protection Bureau earlier this week issued a final rule prohibiting the use of class action waivers in arbitration clauses. The American Financial Services Association, the National Independent Automobile Dealers Association and ... [Read More]
New Experian credit tool aimed at streamlining mobile process
Tuesday, Jul. 11, 2017, 03:06 PM
SubPrime Auto Finance News Staff
A recent Experian survey found that 21 percent of consumers said they would consider purchasing a vehicle in the next six months if they could shop credit offers and apply via mobile device quickly and securely. As a result, Experian ... [Read More]
New CFPB rule bans mandatory arbitration
Monday, Jul. 10, 2017, 06:39 PM
SubPrime Auto Finance News Staff
Check those installment contracts. Arbitration appears to be no longer an option for dealerships and finance companies to settle conflicts with consumers. On Monday, the Consumer Financial Protection Bureau announced a new rule to ban companies from using mandatory arbitration clauses ... [Read More]
5 points from FactorTrust’s non-prime survey
Monday, Jul. 10, 2017, 02:20 PM
SubPrime Auto Finance News Staff
FactorTrust recently released findings from an industry-wide survey on the use of alternative data in the non-prime auto financing space, which indicate that alternative data is being more commonly used for underwriting purposes in this market. The survey, sponsored by ... [Read More]
Buyers in only 1 of top 25 metro areas can afford new vehicles
Wednesday, Jul. 5, 2017, 03:07 PM
SubPrime Auto Finance News Staff
Along with looking to ascertain how few Americans have no emergency savings, a median-income household can only afford the average-priced new vehicle in one of the 25 largest U.S. metropolitan areas, according to a new Bankrate.com report released this week. ... [Read More]
PointPredictive secures funding to enhance fraud solution
Wednesday, Jul. 5, 2017, 03:06 PM
SubPrime Auto Finance News Staff
With interest gaining steam toward combating fraud, PointPredictive landed funding from Mosaik Partners, an expansion-stage venture capital fund, to enhance its efforts as a provider of fraud solutions to banks, lenders and finance companies. PointPredictive announced on Wednesday that the ... [Read More]
Metrolina Credit opens new corporate offices
Wednesday, Jul. 5, 2017, 03:04 PM
SubPrime Auto Finance News Staff
This week, Metrolina Credit Co. celebrated more than just Independence Day. The finance company that often originates subprime installment contracts with both independent and franchised dealers announced the opening of its new corporate offices and flagship branch office in Charlotte, N.C. ... [Read More]
New record set within June’s new & used finance data
Monday, Jul. 3, 2017, 02:05 PM
SubPrime Auto Finance News Staff
As buyers’ appetites for bigger and more expensive vehicles grow, Edmunds found the contract term length for new-model financing reached an all-time high in June with the terms for used-vehicle deliveries not far off that record-setting pace. According to a ... [Read More]
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