Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
SPONSORED EPISODE: Path to stable inventory & price transparency as potential car buyers see uncertain world
Monday, Apr. 6, 2026, 01:13 PM
James Virgoe, senior vice president and managing director of GWC Warranty, appeared on another special sponsored episode of the Auto Remarketing Podcast at a time when domestic and foreign turbulences have added even more complexities to the car business. Virgoe ... Listen Here
Automotive Intelligence Award honoree Satyan Merchant of TransUnion
Wednesday, Apr. 1, 2026, 07:01 PM
Our conversations with the 2026 Automotive Intelligence Award winners wrap up with Satyan Merchant, who is senior vice president, automotive and mortgage business leader at TransUnion. Merchant recollected how his interest in data started when studying statistics on the back ... Listen Here
Top Reasons Dealers can benefit by attending the Used Car Summit
Wednesday, Apr. 1, 2026, 03:27 PM
On this episode of the Auto Remarketing Podcast, Bill Zadeits has a conversation with Vanessa Rocha, VP, All-American Bonds and Insurance and a Board member with the Florida Independent Auto Dealers Association. Vanessa speaks to some of the big issues ... Listen Here

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]

Nissan chooses Sword Apak’s floor plan solution

Nissan2013Altima_4
Friday, May. 13, 2016, 02:51 PM
SubPrime Auto Finance News Staff
Nissan Motor Acceptance Corp. (NMAC) recently selected Sword Apak’s Wholesale Floorplan Finance System (WFS) to improve dealer satisfaction and support growth targets in North America. Officials highlighted that NMAC sought a new floor planning solution that could provide an outstanding ... [Read More]

April lease approvals rise 3.2%

leasing
Thursday, May. 12, 2016, 03:01 PM
SubPrime Auto Finance News Staff
Swapalease.com reported that vehicle lease credit approvals bounced back a bit in April versus the pace of approvals seen in March, registering a 3.2-percent gain. Site officials indicated the April approval rate came in at 69.9 percent, up from the ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X