Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
How agentic AI is impacting collections
Thursday, Feb. 5, 2026, 02:21 PM
Agentic AI is among the slew of topics being bandied about this week at NADA Show 2026 in Las Vegas. The subject also was discussed during Used Car Week 2025 in the same city. Used Car Week Hall of Famer ... Listen Here
The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
Listen Here
More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
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

AutoFi gains $17M in investor financing

money 1
Monday, May. 23, 2016, 02:48 PM
SubPrime Auto Finance News Staff
AutoFi, an online point-of-sale financing solution meant to leverage potential buyers’ interest when they’re on the dealership website, recently announced that it raised $17 million in new financing and is live in the market.  Crosslink Capital led the investment and ... [Read More]

Arbitration debate returns to Capitol Hill

capitol hill for spn story
Friday, May. 20, 2016, 02:11 PM
Nick Zulovich, Senior Editor
One U.S. House Financial Services Committee member who possesses four decades of experience in the automotive space this week tried to pin down an outspoken advocate of the Consumer Financial Protection Bureau’s proposal that would prohibit mandatory arbitration clauses, alluding ... [Read More]

Equifax & Moody’s Analytics experts on tap for upcoming CBA webinar

graph concept 1
Friday, May. 20, 2016, 02:02 PM
SubPrime Auto Finance News Staff
The Consumer Bankers Association is hosting a webinar featuring auto finance experts from Equifax and Moody’s Analytics. CBA officials said attendees can expect three main takeaways from the session, which is titled “Automotive Credit Trends and Lending Solutions to Improve Your ... [Read More]

Non-prime & subprime growth help open balances surpass $1 trillion

money 3
Thursday, May. 19, 2016, 02:04 PM
SubPrime Auto Finance News Staff
The surge of non-prime and subprime loans and leases helped to push Experian Automotive’s total open balance reading above the trillion dollar mark for the first time. According to the most recent State of the Automotive Finance Market report released ... [Read More]

SCUSA uses data to defend non-prime reduction

shutterstock_144027550
Wednesday, May. 18, 2016, 03:07 PM
Nick Zulovich, Senior Editor
Santander Consumer USA president and chief executive officer Jason Kulas insisted the finance company has “more data than almost anyone else in the subprime space.” So when SCUSA cut back on its core non-prime retail originations by 15 percent during ... [Read More]

AUL successfully completes SOC 2 certification

shutterstock_260373353
Wednesday, May. 18, 2016, 03:05 PM
SubPrime Auto Finance News Staff
AUL Corp. recently completed the requirements for a Service Organization Control (SOC) 2 type II audit. Specifically targeting service firms with a focus on security, availability, processing integrity, confidentiality and privacy, AUL highlighted SOC 2 is designed to meet the ... [Read More]

April auto defaults drop back below 1%

line graph
Tuesday, May. 17, 2016, 03:17 PM
SubPrime Auto Finance News Staff
The auto loan component of the S&P/Experian Consumer Credit Default Indices dropped below 1 percent in April for the first time since last September. According to data through April and released on Tuesday by S&P Dow Jones Indices and Experian, ... [Read More]

Updates on 2 metrics to watch — retail sales & unemployment

another analyst picture
Monday, May. 16, 2016, 03:07 PM
SubPrime Auto Finance News Staff
Economists from Stifel, Nicolaus & Co. and Comerica Bank each shared commentaries late last week that shed light on two general economic trends that can have an impact on auto financing — retail sales and employment. Stifel chief economist Lindsey ... [Read More]

Metrolina adds 6th branch location

money 2
Monday, May. 16, 2016, 03:03 PM
SubPrime Auto Finance News Staff
Metrolina Credit Co. recently opened its sixth full-service branch location, marking the third expansion within North Carolina and South Carolina since the company was acquired by ML Credit Group in 2013. Now operating to serve customers within the markets of ... [Read More]

Credit Acceptance’s term evolution from 24 to 72 months

sales agreement 1
Friday, May. 13, 2016, 03:01 PM
Nick Zulovich, Senior Editor
Back when Brett Roberts started his career at Credit Acceptance in 1991, you could buy a single song— on cassette tape — and the longest term the subprime finance company had in its portfolio stretched to just 24 months. Now ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X