LegalShield Consumer Stress Legal Index hits highest point in more than 5 years

Wednesday, Oct. 22, 2025, 11:30 AM

AFSA maintains dialogue with CFPB over data rights rule reconsiderations even as momentum rises to shut down agency

Friday, Oct. 24, 2025, 12:03 PM

Resolvion starts ‘new era,’ putting Plascencia in charge of new division

Friday, Oct. 24, 2025, 10:55 AM

Ally doubles Carvana’s floor plan

Monday, Feb. 8, 2016, 04:32 PM

SubPrime Auto Finance News Staff

Online retailer Carvana now has more capacity to secure inventory for the company's unique vehicle vending machines. Ally Financial on Monday extended its financing relationship with Carvana, increasing the retailer’s floor plan credit line from $60 million to $125 million. Executives ... [Read More]

4 new features of GrooveCar’s shopping website

Monday, Feb. 8, 2016, 04:31 PM

SubPrime Auto Finance News Staff

GrooveCar’s vehicle buying resource for credit unions recently launched its new website. Officials highlighted The Everything Automotive platform has a brand new look combined with valuable features to improve the member experience throughout the shopping process. New features incorporated into ... [Read More]

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Turn Battery Risk Into Trust: Your Edge in the Used EV Market

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Out-of-State Titling: 12 Steps Every Title Clerk Should Follow (The Easy Way)

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Turn Customer Auto Insurance into Dealership Profit If you're not profiting from auto insurance in your dealership, now’s the time...

Go In-House With Your Photos

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The Auto Dealer’s Complete Checklist for Evaluating AI

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Dealer Guide: Selecting the Right Auto Logistics Partner

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Friday, Feb. 5, 2016, 04:39 PM

Nick Zulovich, Editor

Without being too much of an alarmist, Cox Automotive economist Tom Webb asked a question that perhaps auto finance company executives are pondering as well: Are financial markets pointing to credit contraction? Webb delved into the topic as a part ... [Read More]

Ally maintains value of used-car portfolio

Friday, Feb. 5, 2016, 04:37 PM

Nick Zulovich, Editor

Ally Financial reported that $14.8 billion of its $41 billion in total auto financing originations in 2015 stemmed from installment contracts for used vehicles. The figure marked a rise of $3.1 billion year-over-year. Chief executive officer Jeffrey Brown reiterated why ... [Read More]

3 tips to help F&I managers avoid burnout

Friday, Feb. 5, 2016, 04:31 PM

SubPrime Auto Finance News Staff

SubPrime 125 honoree Auto Credit Express shared a blog post this week with three suggestions for dealerships to help their F&I managers since they fill such a critical role in moving metal. Billed as a way to keep these managers ... [Read More]

CFPB acknowledges key point in TMCC settlement

Wednesday, Feb. 3, 2016, 05:11 PM

Nick Zulovich, Editor

Both the Department of Justice and the Consumer Financial Protection Bureau sent out press releases on Tuesday afternoon reporting the settlement the agencies made to resolve allegations that Toyota Motor Credit engaged in a pattern or practice of discrimination against African-American ... [Read More]

Elements in place to keep terms long

Wednesday, Feb. 3, 2016, 05:06 PM

Nick Zulovich, Editor

Kelley Blue Book estimated the average transaction price (ATP) for new vehicles in the United States climbed to $34,112 in January, representing an increase of $919 or 2.8 percent year-over-year. To keep that metal moving out of dealership inventory and ... [Read More]

3 benefits of Scan123, Auto/Mate integration

Wednesday, Feb. 3, 2016, 05:04 PM

SubPrime Auto Finance News Staff

This week, Scan123 announced the integration of its electronic document management system with Auto/Mate Dealership Systems. Officials said the integration can help dealers transition to a paperless environment, streamline workflow and help them to comply with federal law. “Integrating our system ... [Read More]

Toyota’s captive faces markup cap, $21.9M in restitution

Tuesday, Feb. 2, 2016, 09:06 PM

Nick Zulovich, Editor

Some components of Toyota Motor Credit’s settlement with the Department of Justice and the Consumer Financial Protection Bureau released on Tuesday are similar to what the regulators reached with American Honda Finance last summer. The Justice Department and the CFPB ... [Read More]

Nominations sought for The CEO Issue

Tuesday, Feb. 2, 2016, 03:01 PM

SubPrime Auto Finance News Staff

Chief executive officers flourishing in the subprime auto finance space juggle a host of responsibilities. They develop sensible strategies and lead teams to execute those plans, all the while remaining competitive and compliant with growing regulatory burdens. In an effort ... [Read More]

LegalShield Consumer Stress Legal Index hits highest point in more than 5 years

AFSA maintains dialogue with CFPB over data rights rule reconsiderations even as momentum rises to shut down agency

Resolvion starts ‘new era,’ putting Plascencia in charge of new division

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