Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Napleton’s customer experience success story
Monday, Jan. 26, 2026, 09:20 PM
In 2023, Ed Napleton Automotive Group’s national CX director Eduardo Rodriguez launched a new customer experience program based around tools and technology from Reputation that quickly produced eye-opening results, a success story that can be found in the January issue ... Listen Here
Fact or fiction — The truth behind EVs
Monday, Jan. 26, 2026, 07:58 PM
Auto Hauler Exchange chief operating officer Dana Randazzo spent part of Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Randazzo and Cherokee Media Group’s Joe Overby shared a conversation titled, “Fact or fiction — The ... Listen Here
What’s on Tapp with America’s Group CEO
Monday, Jan. 26, 2026, 07:45 PM
America’s Group CEO Chuck Tapp sat down with Cherokee Media Group’s Bill Zadeits for a fireside chat during Used Car Week 2025 in Las Vegas. The conversation about Tapp’s career in the wholesale market and what might be ahead for ... Listen Here

3 more views of what Fed rate hike & forecast mean

graph concept 4
Friday, Dec. 16, 2016, 03:17 PM
Nick Zulovich, Senior Editor
Three economists who regularly share their assessments with SubPrime Auto Finance News dissected the Federal Reserve’s actions this week, which at the conclusion of the regularly scheduled Federal Open Market Committee meeting included the raising of the federal funds rate ... [Read More]

Equifax adds income & employment verifications into dealer service finance platforms

sales agreement 3
Thursday, Dec. 15, 2016, 03:04 PM
SubPrime Auto Finance News Staff
Equifax announced on Thursday that it is powering a new solution designed to help dealerships to verify a potential buyer’s stated income and employment. The solution is fueled by accessing The Work Number, a database of employer-provided income and employment ... [Read More]

Why delinquencies could reach 1.4% in 2017

line graph
Wednesday, Dec. 14, 2016, 04:36 PM
Nick Zulovich, Senior Editor
Casual observers might panic when they see TransUnion’s expectations for 2016 to close with a 7.0 percent year-over-year increase in the 60-day delinquency rate along with that reading set to approach the highest level in eight years by the time ... [Read More]

EFG & Northwood highlight F&I Innovator of the Year winner

F&I winner team photo for SPN
Wednesday, Dec. 14, 2016, 04:34 PM
SubPrime Auto Finance News Staff
EFG Companies and Northwood University on Wednesday announced the selection of Team Vigilance as the winner of the 2016 F&I Innovator of the Year Award competition and the recipient of $25,000. Competition orchestrators highlighted that Team Vigilance utilized its millennial ... [Read More]

Considering what 25 bps interest rate uptick does to subprime activity

fed interest rate pic
Tuesday, Dec. 13, 2016, 04:33 PM
Nick Zulovich, Senior Editor
Comerica Bank explained why it continues to expect the Federal Reserve to increase the effective range of the Fed funds rate by 25 basis points on Wednesday. Analysts indicated the Fed funds futures market placed an implied probability of 97.2 ... [Read More]

Risks from subprime? ‘Likely overstated’

money car
Monday, Dec. 12, 2016, 03:47 PM
Joe Overby, Staff Writer
There is, admittedly, some “unease” about the health of the new-vehicle market in 2017, Scotiabank said in an analysis. Along with somewhat disappointing third-quarter earnings from an automaker, increases in repossessions and subprime auto finance delinquencies have spurred this concern in ... [Read More]

S&P finds ABS losses rise & recoveries slide in October

graph concept 3
Thursday, Dec. 8, 2016, 08:17 PM
SubPrime Auto Finance News Staff
S&P Global Ratings said U.S. prime and subprime auto loan asset-backed securities (ABS) sector’s performance deteriorated in October compared to September and also weakened on a year-over-year basis. According to a report published this week, prime and subprime net losses ... [Read More]

CFPB notes: Plea for 5-person board & complaint database update

news
Thursday, Dec. 8, 2016, 04:51 PM
SubPrime Auto Finance News Staff
As the Consumer Financial Protection Bureau reported that it handled approximately 27,000 complaints in October, four industry associations delivered a letter this week to the Senate’s top leaders, urging the bureau’s structure be modified to create a five-person, bipartisan board. ... [Read More]

Fed reiterates 3 implications of low interest rates

federal reserve image
Wednesday, Dec. 7, 2016, 04:49 PM
Nick Zulovich, Senior Editor
With the Federal Reserve’s final gathering of the year set for next week, an interest rate move certainly appears to be in the works since at least one observer said the market has been behaving that an uptick is coming ... [Read More]

Veros Credit promotes Singh to COO

businessman going up stairs
Wednesday, Dec. 7, 2016, 04:48 PM
SubPrime Auto Finance News Staff
Veros Credit recently announced the promotion of Harvey Singh to chief operating officer. The finance company that originates paper with both franchised and independent dealerships highlighted Harvey will continue to oversee the loan servicing department and will also be responsible ... [Read More]
X