Loan extensions keep climbing as repo agents now seeing ramifications
Thursday, Apr. 23, 2026, 10:24 AM
4 attorneys decipher developments since FTC sent letters to dealers nationwide
Friday, Apr. 24, 2026, 10:51 AM
VantageScore spots ‘subtle migration’ of consumers toward lower credit tiers in March
Monday, Apr. 27, 2026, 10:37 AM
Latest Stories
FICO’s Shams Blanc on lenders sharpening underwriting & more
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here
Wednesday, Apr. 29, 2026, 03:54 PM
Byron Oldham of Honest Autos & FIADA
Byron Oldham is president of the family-owned Honest Autos dealership and is president of the board at the Florida Independent Automobile Dealers Association. In this episode, Oldham talks with Cherokee Media Group senior editor Joe Overby about the upcoming Southeast ... Listen Here
Monday, Apr. 27, 2026, 07:47 PM
Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’
Kathi Kruse, the Automotive CFO-To-Go who brings her financial expertise — born through years of experience as a dealership chief financial officer — to dealers needing help in that area, is back on the Auto Remarketing Podcast. In this episode, ... Listen Here
Sunday, Apr. 19, 2026, 04:27 AM
Hensarling’s 7-part plan to replace Dodd-Frank
Tuesday, Jun. 7, 2016, 03:26 PM
SubPrime Auto Finance News Staff
Receiving immediate support from organizations such as the Consumer Bankers Association and the American Bankers Association, Rep. Jeb Hensarling, the Texas Republican who also is the U.S. House Financial Services Committee chairman, has a plan he described as a way ... [Read More]
The opportunity banks & credit unions have in non-prime
Monday, Jun. 6, 2016, 04:02 PM
Nick Zulovich, Senior Editor
Commercial banks and credit unions typically work with customers in the prime space, but recent analysis shared by Equifax and Moody’s Analytics was geared to give executives and managers with those institutions some evidence in order to consider borrowers who ... [Read More]
Spireon names new CEO as active subscribers top 3M
Friday, Jun. 3, 2016, 06:39 PM
SubPrime Auto Finance News Staff
At the same time Spireon announced it has reached 3 million active subscribers for its suite of GPS-based vehicle telematics solutions, the company also highlighted this week that it has a new chief executive officer. Taking the reins as CEO ... [Read More]
RouteOne elevates Oesterle to be CEO
Friday, Jun. 3, 2016, 03:30 PM
SubPrime Auto Finance News Staff
RouteOne moved within a month to pick a new chief executive officer, elevating one of its executives who has been with the company since its inception. RouteOne’s board of directors named Justin Oesterle as CEO, insisting that he will continue ... [Read More]
Western Funding rolls out revamped underwriting system
Friday, Jun. 3, 2016, 03:27 PM
Lance Dagenhardt, Correspondent
Subprime auto finance provider Western Funding has a new underwriting system that the company claims will cut the time of getting funds to dealerships in half. The company recently announced the release of its new automated underwriting system, which is designed ... [Read More]
Average amounts financed climb again in Q1
Thursday, Jun. 2, 2016, 05:07 PM
SubPrime Auto Finance News Staff
With retail prices rising, Experian Automotive reported the average loan amount and monthly payment for used and new vehicles continued to trend upward. According to its most recent State of the Automotive Finance Market report, Experian indicated on Thursday that ... [Read More]
TransUnion CreditVision to power FICO Auto Score 9 XT
Wednesday, Jun. 1, 2016, 03:18 PM
SubPrime Auto Finance News Staff
In an effort to strengthen finance companies’ underwriting of potential customers with soft credit histories, TransUnion and FICO on Wednesday rolled out the availability of FICO Auto Score 9 XT based on TransUnion CreditVision trended data. The firms highlighted the ... [Read More]
2 trends being watched by NAF Association members
Wednesday, Jun. 1, 2016, 03:09 PM
Nick Zulovich, Senior Editor
Jack Tracey, executive director of the National Automotive Finance Association, described the relationship between member finance companies and the Consumer Financial Protection Bureau as not exactly deteriorating but not necessarily improving significantly, either. He explained to SubPrime Auto Finance News ... [Read More]
Internet Brands acquires Auto Credit Express
Wednesday, Jun. 1, 2016, 02:23 PM
SubPrime Auto Finance News Staff
Subprime automotive financing technology firm Auto Credit Express has been acquired by Internet Brands — a company that includes vehicle listing provider CarsDirect — according to an announcement posted on Wednesday morning. Executives said the deal immediately bolsters Internet Brands’ presence ... [Read More]
Upcoming issue to spotlight Trailblazers, Innovators, Disruptors
Tuesday, May. 31, 2016, 01:56 PM
SubPrime Auto Finance News Staff
Successful chief executive officers often emphasize that their companies are only as successful as the quality and dedication of their managers and other crucial personnel. In an effort to highlight the critical team members who are helping finance companies, dealerships ... [Read More]
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