Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
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Experts see Middle East conflict making current car & credit markets even more challenging
Tuesday, Mar. 24, 2026, 10:27 AM
With additional insight about affordability, FICO watches averages credit scores tick lower again
Wednesday, Mar. 25, 2026, 11:27 AM
PODCAST: Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 01:05 PM
Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance ... Listen Here
Wednesday, Mar. 25, 2026, 05:01 PM
Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Kelly Wyatt, who is chief digital officer with GM Financial. Wyatt shares a conversation with Cherokee Media Group senior editor Nick Zulovich about being ... Listen Here
Wednesday, Mar. 25, 2026, 04:43 PM
Industry Elite: Sean Morgan of Westlake Financial
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here
Monday, Mar. 23, 2026, 03:07 PM
Largest sequential auto default drop in 5 years
Wednesday, May. 17, 2017, 03:45 PM
SubPrime Auto Finance News Staff
As analysts discussed how commercial banks are viewing auto financing, they also spotted the largest sequential drop in the auto segment of the S&P/Experian Consumer Credit Default Indices in five years. S&P Dow Jones Indices and Experian released its latest ... [Read More]
Seasonal factors trigger March auto ABS improvements
Tuesday, May. 16, 2017, 01:23 PM
SubPrime Auto Finance News Staff
S&P Global Ratings confirmed that typical seasonal impacts helped collateral performance in the U.S. prime and subprime auto loan asset-backed securities (ABS) sectors to improve in March relative to February. Analysts indicated in their latest report that losses, delinquencies and recoveries ... [Read More]
Resource Hub
Best Practices, Ideas, and Tools for Business
The Dealer’s Guide to Smarter GPS Tracking
A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Used Car Turn Vendor Management Checklist
Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
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SCUSA explains how it’s handling ongoing risk
Monday, May. 15, 2017, 03:27 PM
Nick Zulovich, Senior Editor
So far this year, a wide array of investment analysts are asking finance companies that bring in any non-prime or subprime paper about their current risk appetite. Another occasion came when Santander Consumer USA hosted its quarterly conference call recently, ... [Read More]
Credit Acceptance’s risk appetite generates $20M net-income rise
Thursday, May. 11, 2017, 02:31 PM
Nick Zulovich, Senior Editor
Credit Acceptance Corp. appears well aware of the risk the finance company is taking as installment contract dollar amounts as well as terms keep growing. But that risk is certainly paying off — literally — as the company’s first quarter ... [Read More]
S&P pinpoints 2 main risk areas in auto finance
Thursday, May. 11, 2017, 02:26 PM
Nick Zulovich, Senior Editor
S&P Global Ratings recently considered what two specific areas contain the most risk since loosening underwriting resulted in U.S. auto loans and leases rising steadily over the past several years to reach all-time highs in 2016. With more than $1 ... [Read More]
Ally enhances Clearlane via eOriginal’s SmartSign
Thursday, May. 11, 2017, 02:22 PM
SubPrime Auto Finance News Staff
Customers looking to finance or refinance their vehicles through Ally’s newly launched auto finance marketplace, Clearlane, will soon be able to complete financing online through a new digital signing capability. Built on top of its digital transaction management platform, officials ... [Read More]
EFG claims 3 honors during American Business Awards
Thursday, May. 11, 2017, 02:17 PM
SubPrime Auto Finance News Staff
EFG Companies announced earlier this week that the company has achieved national recognition for its efforts across the entire organization. EFG was recognized in the 15th annual American Business Awards, receiving: • Gold in Communications Department of the Year • ... [Read More]
TransUnion sees subprime originations drop 5%
Wednesday, May. 10, 2017, 01:38 PM
SubPrime Auto Finance News Staff
TransUnion’s Industry Insights Report offered clear evidence that auto finance originations are slowing, especially in the subprime space. The credit bureau’s report, powered by Prama analytics and released on Tuesday, indicated that auto finance originations, viewed one quarter in arrears, ... [Read More]
defi SOLUTIONS launches bulk purchase tool
Wednesday, May. 10, 2017, 01:36 PM
SubPrime Auto Finance News Staff
The latest move coming from defi SOLUTIONS is the launch of what the company dubbed defi EXCHANGE, a secure, online portfolio marketplace where sellers of auto finance portfolios can access multiple buyers and manage the entire sales process. The company ... [Read More]
GM Financial sets volume record with Q1 OEM deals
Tuesday, May. 9, 2017, 03:22 PM
Nick Zulovich, Senior Editor
The metrics and performance of General Motors Financial are showing more distinct characteristics of a traditional captive finance company and less of a provider that used to book a significant amount of subprime paper. In fact, GM Financial reported that ... [Read More]
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