TruDecision’s Parry defends current status of subprime auto finance

Monday, May. 11, 2026, 11:52 AM

Metrics that formed April’s Dealertrack Credit Availability Index ‘masked a more complex picture’

Tuesday, May. 12, 2026, 10:08 AM

NAF Association reveals next recipients of Jack Tracey Pinnacle Award & Summit Leadership Award

Friday, May. 8, 2026, 10:56 AM

Latest Stories

Surging fuel costs pushing repossession agents to ‘breaking point’

Chopra selected to lead new California consumer services regulator

EFG’s Reinsurance Health Check aims to help dealers answer 6 primary questions

This Month's Focus

Artificial Intelligence

Bain Survey: Few Companies Ready for Sustainability Rules (24%)

Building on three-year partnership, Bain invests in OpenAI Deployment Company

Wednesday, May. 13, 2026, 12:13 PM

Bain & Company today announced an investment in the Deployment Company, a new venture launched by OpenAI with 19 global partners. According to a news release, the OpenAI Deployment Company is built to help businesses deploy artificial intelligence across their ... Read More

EY study shows Canadians still cautious about AI but using it more for everyday activities

Monday, May. 11, 2026, 03:00 PM

This artificial intelligence is pretty smart, eh? That sentiment might be held by at least some Canadians who are already embedding AI into everyday decisions, often in ways that extend beyond simple assistance into early autonomy, even while concerns about ... Read More

Carfluent’s new AI tool helps dealerships beat aggregators in searches

Monday, May. 11, 2026, 09:51 AM

A growing percentage of consumers now use artificial intelligence as what marketplace Cars.com describes as a “trusted co-pilot” in their search for a vehicle to purchase. Meanwhile, other studies suggest that dealership websites are not visible to many of those ... Read More

Tiger Okeley describes what it’s like for BHPH dealers during another turbulent year

Tuesday, May. 12, 2026, 01:47 PM

Tiger Okeley is the executive board member of Oak Motors, a buy-here, pay-here dealership that’s been in business for more than 40 years in central Indiana. Having seen boom times, recessions, and more, Okeley shared his insight to help owners ... Listen Here

SPONSORED EPISODE: Know your Buyer & Grow your Lot

Tuesday, May. 12, 2026, 09:20 AM

In this insightful episode of the Auto Remarketing Podcast, Auto Trader and KBB executives Elizabeth Stegall and David Lumpkin share findings gleaned from Cox Automotive’s unique research into shoppers who buy from Independent Dealers. Learn how shifting buyer expectations connect ... Listen Here

FICO’s Shams Blanc on lenders sharpening underwriting & more

Wednesday, Apr. 29, 2026, 03:54 PM

Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here

Weltman, Weinberg & Reis hires 2 more attorneys for Ohio offices

Wednesday, Apr. 22, 2026, 02:43 PM

SubPrime Auto Finance News Staff

Weltman, Weinberg & Reis recently added two more legal professionals to its Ohio offices in Cleveland and Columbus. The full-service creditors’ rights law firm with more than 95 years of client service welcomed attorney Genny Moss to the Cleveland office ... [Read More]

Navy Federal Credit Union’s Cost of Car Ownership Index reaches new high

Wednesday, Apr. 22, 2026, 10:56 AM

SubPrime Auto Finance News Staff

The contract holders in your portfolio might be struggling to handle the financial component of that vehicle beyond just the monthly payment. Navy Federal Credit Union recently released the latest iteration of its Cost of Car Ownership (COCO) Index, revealing ... [Read More]

Fed’s Waller recaps impact of labor market’s ‘head-snapping volatility’ on policymakers’ next rate decision

Tuesday, Apr. 21, 2026, 10:57 AM

SubPrime Auto Finance News Staff

Federal Reserve Governor Christopher Waller made another public appearance on Friday. This time, Waller was back in Alabama, where he previously served as a professor at Auburn University. Ahead of next week’s Federal Open Market Committee (FOMC) meeting when policymakers ... [Read More]

The Work Number Record Indicator from Equifax now available for auto loans

Monday, Apr. 20, 2026, 12:28 PM

SubPrime Auto Finance News Staff

Equifax reinforced its tools to serve lenders that provide auto or personal loans. Last week, Equifax launched The Work Number Record Indicator that can deliver income and employment insights from The Work Number alongside the Equifax consumer credit report at ... [Read More]

Agora Data & PassTime team up for dealer discount

Monday, Apr. 20, 2026, 12:27 PM

SubPrime Auto Finance News Staff

Agora Data and PassTime last week announced a partnership, bringing together the non-prime auto fintech platform with the provider of GPS-based asset tracking and recovery solutions. Through this partnership, Agora dealers can receive access to special discounted pricing on select ... [Read More]

Subprime share pushes Dealertrack Credit Availability Index to highest reading in nearly 4 years

Friday, Apr. 17, 2026, 11:01 AM

SubPrime Auto Finance News Staff

Cox Automotive reported last week that the Dealertrack Credit Availability Index rose to 102.4, which is the highest reading since June 2022. And Jonathan Gregory pointed to the subprime share as one of the primary catalysts. The senior director on ... [Read More]

Recapping awards given by ARA, DRN, Insight LPR & Location Services at NARS 2026

award winner

Thursday, Apr. 16, 2026, 12:19 PM

SubPrime Auto Finance News Staff

Last week’s North American Repossessors Summit (NARS) in Orlando, Fla., was again a festive event, as the American Recovery Association, DRN|MVTRAC|SCM, Insight LPR and Location Services honored repossession agents and other industry professionals associated with recoveries. The awards given by ... [Read More]

Capital Auto Protection Services & Input 1 partner to support warranty financing

Friday, Apr. 10, 2026, 10:49 AM

SubPrime Auto Finance News Staff

Capital Auto Protection Services, a Fort Worth, Texas–based vehicle service contract provider is set to launch a new warranty financing company and is partnering with Input 1 to make sure it goes smoothly for dealer clients. As Capital Auto Protection ... [Read More]

Credit Acceptance sees dealer- and consumer-facing technology as key to next decade

Thursday, Apr. 9, 2026, 10:37 AM

SubPrime Auto Finance News Staff

Vinayak Hegde used a portion of his first annual letter to shareholders as Credit Acceptance CEO to emphasize how much technology is key to continued success of the subprime auto finance company, which closed the year with more than 9,800 ... [Read More]

EFG boosts executive team with new VP of underwriting

Wednesday, Apr. 8, 2026, 12:15 PM

SubPrime Auto Finance News Staff

EFG Companies added to its executive team on Tuesday, hiring Karl Nilsen as vice president of underwriting. Bringing more than 20 years of retail automotive underwriting expertise, EFG said Nilsen will partner closely with the company’s chief risk officer and ... [Read More]

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