AFSA offers 8 recommendations to smooth CFPB complaint database issues
Friday, Mar. 6, 2026, 09:39 AM
Experian: Subprime financing originated during a Q4 climbs to highest level in four years
Thursday, Mar. 5, 2026, 11:06 AM
Used Car Summit’s auto finance roundtable to foster conversations about collections, risk management & more
Wednesday, Mar. 4, 2026, 02:44 PM
Carleton’s Tim Yalich on how critical accurate payment information is to today’s car shoppers
Tim Yalich, who now is vice president of business development for Carleton, returned for an appearance on the Auto Remarketing Podcast. Yalich explained how much more crucial accurate payment information is to today’s car shoppers in an environment with some ... Listen Here
Tuesday, Mar. 10, 2026, 02:48 PM
Widewail CEO Cuyler Owens
Cuyler Owens is CEO of Widewail, a reputation and customer experience platform for the auto industry Cuyler joined Widewail as CEO in December, following nearly three years as chief revenue officer of TrustRadius, and time with Dell, Vmware and Dealerware. ... Listen Here
Monday, Mar. 9, 2026, 08:09 PM
Automotive Intelligence Award Honoree: Patrick Manzi of NADA
Our conversations with the 2026 Automotive Intelligence Award winners continue with Patrick Manzi, who is the chief economist at the National Automobile Dealers Association. Manzi , who got his first subscription to Car and Driver in his early teens, talks ... Listen Here
Friday, Mar. 6, 2026, 07:55 PM
Fitch expects floor plan ABS to remain stable
Monday, Apr. 25, 2016, 03:24 PM
SubPrime Auto Finance News Staff
Fitch Ratings not only is looking at how subprime auto ABS is behaving; the firm also investigated and projected how the dealer floor plan ABS sector should perform. Analysts think dealer floor plan ABS will remain stable despite Fitch’s expectation ... [Read More]
ProMax Unlimited rolls out 2nd soft credit pull solution
Monday, Apr. 25, 2016, 03:22 PM
SubPrime Auto Finance News Staff
Dealer Marketing Services, makers of ProMax Unlimited, unveiled the second of three soft credit pull solutions powered by Equifax data. On Monday, the company highlighted Instant Screen powered by Equifax is the latest version of its solution that can enable ... [Read More]
4 more NY dealer groups settle over packing credit repair into contracts
Friday, Apr. 22, 2016, 03:00 PM
SubPrime Auto Finance News Staff
This week, New York’s attorney general reached four separate settlements connected with 22 different rooftops in the New York City area for packaging credit repair and identity theft protection services into the vehicle installment contract; a similar practice that landed ... [Read More]
CPS finalizes $332M securitization
Friday, Apr. 22, 2016, 02:53 PM
SubPrime Auto Finance News Staff
Consumer Portfolio Services announced the closing of its second term securitization of the year earlier this week. The transaction is CPS’ 20th senior subordinate securitization since the beginning of 2011 and the third consecutive securitization to receive a triple-A rating ... [Read More]
CFPB schedules field hearing to discuss arbitration
Thursday, Apr. 21, 2016, 02:54 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau’s strategy to regulate how arbitration can occur might become clearer since the agency now has scheduled a field hearing specifically about the topic. On Wednesday, the CFPB announced plans for a field hearing about arbitration; ... [Read More]
March auto defaults stay on steady pattern
Wednesday, Apr. 20, 2016, 03:50 PM
SubPrime Auto Finance News Staff
Perhaps stable is the best adjective to describe the auto loan default readings included in the latest S&P/Experian Consumer Credit Default Indices. The March reading released this week by S&P Dow Jones Indices and Experian came in at 1.02 percent, ... [Read More]
GWC Warranty & defi SOLUTIONS finalize integration
Wednesday, Apr. 20, 2016, 03:47 PM
SubPrime Auto Finance News Staff
Vehicle service contract and related finance and insurance product provider GWC Warranty finalized integration this week with defi SOLUTIONS Executives explained that GWC’s integration with defi SOLUTIONS means that auto finance companies and their dealers will be able to seamlessly ... [Read More]
Fitch sees subprime ABS delinquency dip being short-lived
Tuesday, Apr. 19, 2016, 02:47 PM
SubPrime Auto Finance News Staff
Fitch Ratings insisted that March’s drop in delinquencies connected with U.S. subprime auto ABS — after hitting a 20-year high in February — represents a “reprieve” that is “not likely to last.” According to in the firm’s latest monthly index ... [Read More]
8 considerations when evaluating GPS providers
Monday, Apr. 18, 2016, 02:14 PM
Paul Rosenthal , Spireon
We’ve all heard the news on rising auto loan delinquencies. Since February, auto delinquencies in the subprime market are at their highest rate since 1996. This presents a significant issue since increased delinquencies usually indicate that more defaults will happen ... [Read More]
DRN hires auto finance channel manager
Monday, Apr. 18, 2016, 02:11 PM
SubPrime Auto Finance News Staff
Digital Recognition Network (DRN) enhanced its workforce in a move to expand the company’s auto finance channels. DRN hired Mike Villanova as director of channel sales, adding a new position and enabling the company to provide the dedicated support needed ... [Read More]
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