More mixed views of consumer confidence create added headwinds for vehicle purchase plans
Tuesday, Mar. 3, 2026, 10:30 AM
Fed’s Bowman outlines path to ‘tailored’ supervision
Friday, Feb. 27, 2026, 10:44 AM
Agora Data & Figure Technologies to launch first blockchain-based auto loan platform for real-world assets
Monday, Mar. 2, 2026, 10:33 AM
Dealer/consultant Luke Godwin discusses issues and opportunities facing dealers today
Luke Godwin has his finger on the pulse of the independent used-car dealer. For starters, he’s a dealer himself as owner of Godwin Motors in Columbia, S.C. He’s also a consultant working with independent dealers and a frequent speaker at ... Listen Here
Monday, Mar. 2, 2026, 10:07 PM
More insight into fraud at dealerships with Experian’s Jim Maguire
Experian senior director for automotive Jim Maguire made another appearance on the Auto Remarketing Podcast to recap findings from the company’s latest dealer survey that examined the impact of fraud at dealerships. Maguire then touched on the balance dealers and ... Listen Here
Thursday, Feb. 26, 2026, 03:55 PM
Cox Automotive on guiding the modern car buyer
One of the keynote presentations from Used Car Week 2025 featured Micah Tindor and Elizabeth Stegall of Cox Automotive for a session titled, “Guiding the Modern Buyer with Trust, Tech & Smarter Trade-Ins.” Valuable study findings and dealership recommendations now ... Listen Here
Tuesday, Feb. 17, 2026, 05:17 PM
New York AG reaches 6th dealer settlement in past 12 months
Wednesday, Jun. 29, 2016, 02:13 PM
SubPrime Auto Finance News Staff
For the third time in the span of about a year, New York attorney general Eric Schneiderman announced a settlement with a dealership regarding either the advertising or the financing practices conducted by the store. The most recent development is ... [Read More]
Ally appoints Cary to board as Feinberg departs
Wednesday, Jun. 29, 2016, 02:08 PM
Lance Dagenhardt, Correspondent
Ally Financial has added a former General Electric executive to its own board of directors. The company announced this week that William “Bill” Cary has been appointed to the Ally board of directors, filling the role left by Cerberus Capital ... [Read More]
Dealers still see subprime availability as big players adjust
Monday, Jun. 27, 2016, 03:50 PM
Nick Zulovich, Senior Editor
The size of the U.S. subprime population is getting smaller — at least that’s what FICO says. And large finance companies such as General Motors Financial again acknowledged that the segment of its portfolio composed of subprime paper will continue to ... [Read More]
SNAAC named top workplace in Cincinnati again
Monday, Jun. 27, 2016, 03:44 PM
Lance Dagenhardt, Correspondent
Security National Automotive Acceptance Co. (SNAAC) was recently named a top workplace in the Cincinnati area, due to positive feedback from employees. SNAAC announced that it has been selected as one of Greater Cincinnati’s Top Workplaces for the third time ... [Read More]
Subprime population drops to lowest point in a decade
Friday, Jun. 24, 2016, 03:42 PM
Nick Zulovich, Senior Editor
While Federal Reserve chair Janet Yellen made her semiannual visit to Capitol Hill this week and shared her thoughts on how much interest rates might rise, FICO highlighted how the auto finance customer population that often is charged the highest ... [Read More]
EFG Companies taps Roennau as vice president of compliance
Friday, Jun. 24, 2016, 03:35 PM
SubPrime Auto Finance News Staff
Reflecting the company’s ongoing mission of driving operational compliance for its dealership clients, EFG Companies appointed Steve Roennau as vice president of compliance this week. EFG highlighted that Roennau brings a 30-year history of driving bottom-line results in automotive F&I, ... [Read More]
Dealer Funding to stop originating as of June 29
Thursday, Jun. 23, 2016, 01:49 PM
Nick Zulovich, Senior Editor
SubPrime Auto Finance News has learned Dealer Funding — a finance company specializing in subprime auto financing for both franchised and independent dealerships — “has paused all new business activities as part of an evaluation of its ongoing business operations.” ... [Read More]
Fitch cautious about summertime subprime ABS movement
Wednesday, Jun. 22, 2016, 03:30 PM
SubPrime Auto Finance News Staff
Fitch Ratings shared its latest update on the topic becoming more of a pressing issue for finance company executives this year — the performance of subprime auto loan ABS. While analysts noticed overall losses and delinquencies improved again in May, ... [Read More]
RouteOne eContracting now available to all Southeast Toyota Finance dealers
Wednesday, Jun. 22, 2016, 03:26 PM
SubPrime Auto Finance News Staff
The stream of developments from RouteOne continued on Tuesday as the company expanded its partnership with Southeast Toyota Finance, the provider of automotive financing for 176 Toyota dealers in the southeastern United States. The expansion includes eContracting on RouteOne’s automotive ... [Read More]
Auto defaults dip again as composite rate sets 10-year low
Tuesday, Jun. 21, 2016, 03:39 PM
Nick Zulovich, Senior Editor
As the overall default reading recorded its lowest point dating back a decade, the auto loan segment of the S&P/Experian Consumer Credit Default Indices made another move away from the 1-percent level in May, dipping 5 basis points below the ... [Read More]
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