Fed keeps interest rates unchanged even in ‘challenging environment’ for automotive
Thursday, Jan. 29, 2026, 10:29 AM
PODCAST: Lenders, forwarders & agents discuss repo bottlenecks
Wednesday, Jan. 28, 2026, 02:22 PM
VantageScore pinpoints how much subprime credit market is growing
Wednesday, Jan. 28, 2026, 11:09 AM
The real cost of inaction when it comes to transport fraud
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Thursday, Jan. 29, 2026, 03:30 PM
More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here
Thursday, Jan. 29, 2026, 03:30 PM
Lenders, forwarders & agents discuss repo bottlenecks
In another of the Used Car Week 2025 panel discussions focused on repossessions and recoveries, AutoSquared.ai co-founder Bahador Rahimi led a conversation that included lenders, forwarders and agents. The group exchanged ideas about how industry firms can smooth the bottlenecks ... Listen Here
Wednesday, Jan. 28, 2026, 07:16 PM
FICO answers 5 typical questions to enhance collections
Monday, May. 1, 2017, 02:23 PM
SubPrime Auto Finance News Staff
With delinquencies an ongoing concern, FICO said it has crafted a way to prioritize the account holders with the highest likelihood of paying. FICO discussed the process in its latest white paper, delving into the topic by discussing five questions ... [Read More]
How Q1 GDP figure might frame next rate discussion
Monday, May. 1, 2017, 02:22 PM
SubPrime Auto Finance News Staff
The Federal Open Market Committee within the Federal Reserve is set to conduct its next regularly scheduled meeting on Tuesday and Wednesday. It appears the policymakers have much to discuss since first-quarter gross domestic product figures arrived this past Friday. ... [Read More]
March auto defaults dip 5 basis points
Friday, Apr. 28, 2017, 01:36 PM
SubPrime Auto Finance News Staff
The auto finance component of the S&P/Experian Consumer Credit Default Indices showed contract defaults improved in March both on a year-over-year and sequential basis. According to data released by S&P Dow Jones Indices and Experian, auto loan defaults came in ... [Read More]
Carleton successfully completes SOC 2 audit
Friday, Apr. 28, 2017, 01:35 PM
SubPrime Auto Finance News Staff
Carleton, a provider of compliant financing calculation and document generation solutions, recently announced that it has successfully completed its 2016 SOC 2 compliance audit, conducted by Crowe Horwath. The company highlighted SOC 2 compliance has quickly become a hot topic ... [Read More]
UPDATED: CFPB hits SNAAC with another $1.25M penalty
Thursday, Apr. 27, 2017, 01:45 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau said on Wednesday that Security National Automotive Acceptance Company (SNAAC) violated a consent order from 2015, demanding that the finance company make good on the redress it owes to consumers and pay an additional $1.25 ... [Read More]
White paper tackles 8 common problems during F&I cancellation process
Wednesday, Apr. 26, 2017, 02:46 PM
SubPrime Auto Finance News Staff
F&I Express insisted the F&I product cancellation process currently lacks standardization, automation, transparency and efficiency. F&I Express continued by stating these challenges not only have a negative impact on the day-to-day operations of a product provider or finance company, but ... [Read More]
Recapping crucial debt collection case before Supreme Court
Wednesday, Apr. 26, 2017, 02:45 PM
Nick Zulovich, Senior Editor
Hudson Cook associate Anastasia Caton observed last week’s oral arguments during a crucial debt collection case in front of the Supreme Court that might make third-party efforts within auto finance significantly more difficult depending which way the nine justices rule. ... [Read More]
NAF Association pledges to maintain conference quality
Tuesday, Apr. 25, 2017, 02:57 PM
Nick Zulovich, Senior Editor
The National Automotive Finance Association is organizing the 21st annual Non-Prime Auto Financing Conference with the same mandate organization leadership has held for more than two decades. “This is the industry event where all the non-prime auto financing company executives ... [Read More]
CPS’ positive-earnings streak reaches 23 straight quarters
Monday, Apr. 24, 2017, 03:00 PM
Nick Zulovich, Senior Editor
Consumer Portfolio Services chairman and chief executive officer Brad Bradley likes the position where the subprime auto finance company sits after the first quarter. And it’s not just because CPS posted its 23rd consecutive quarter of positive earnings. Bradley pointed ... [Read More]
Space Coast Credit Union honors 6 dealers with Watchdog Award
Monday, Apr. 24, 2017, 02:42 PM
SubPrime Auto Finance News Staff
Space Coast Credit Union recently honored six local dealers with its Watchdog Dealer of the Year Award, recognizing the superior service they provided to SCCU members in 2016. Officials highlighted the award — which has been presented annually to local ... [Read More]
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