Dealers already wary about interest-rate impact watch Fed pass on chance for adjustment
Thursday, Jun. 18, 2026, 10:13 AM
ANV Group Holdings to take Open Lending private via all-cash tender offer
Wednesday, Jun. 17, 2026, 11:30 AM
Agora Data & GWC Warranty partner to streamline dealer offerings of VSC & GAP
Wednesday, Jun. 17, 2026, 11:28 AM
SPONSORED EPISODE: Bracing for more than ‘portfolio stress’ with John Elias of Allied Solutions
John Elias, sales specialist in auto finance business development with Allied Solutions, acknowledged lenders might be experiencing more than just “portfolio stress” since delinquencies, insurance costs, negative equity, and repossessions are all intensifying at the same time. Elias, who was ... Listen Here
Monday, Jun. 22, 2026, 07:11 PM
Agora Data’s Matt Burke on becoming NAF Association president
Agora Data’s Steve Burke was one of the founders of the National Automotive Finance Association 30 years ago. Now in 2026, Steve Burke’s son, Matt, not only is a top executive at Agora Data, but he is also now president ... Listen Here
Friday, Jun. 19, 2026, 01:00 AM
Experian’s Melinda Zabritski discusses ongoing stretching of terms
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
Friday, Jun. 12, 2026, 09:35 AM
Pennsylvania creates CFPB-like unit within AG’s office
Wednesday, Aug. 16, 2017, 04:13 PM
SubPrime Auto Finance News Staff
While some lawmakers on Capitol Hill continue to work toward a major restructuring or perhaps even a complete dismantling of the Consumer Financial Protection Bureau, one of the leaders of the American Recovery Association cautioned the industry about developments this ... [Read More]
Q2 delinquencies rise while industry is ‘recalibrating’
Wednesday, Aug. 16, 2017, 02:53 PM
Nick Zulovich, Senior Editor
Stemming from subprime financing activity, TransUnion’s Q2 Industry Insights Report showed the magnitude of diminishing originations and rising delinquencies. Or as Brian Landau, senior vice president and automotive business leader for TransUnion, explained it to SubPrime Auto Finance News this ... [Read More]
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]
X