Connecting auto finance, risk management & interest rates ahead of Fed’s last policy meeting of year
Tuesday, Dec. 9, 2025, 10:23 AM
COMMENTARY: A dealer's 2026 strategy guide for F&I in the new age of affordability
Monday, Dec. 8, 2025, 09:55 AM
Growing volume of paper booked in Q3 has terms stretching toward 2033
Thursday, Dec. 4, 2025, 10:58 AM
Cutting keys & cutting costs during repossessions and recoveries
Drawing standing-room-only attendance in the second-largest setting at Used Car Week 2025, Ryan Miller led a six-executive panel session that focused on one of the most complex challenges in all of repossessions and recoveries. Now available through this episode of ... Listen Here
Wednesday, Dec. 10, 2025, 04:42 PM
Four experts on automotive & the economy
Used Car Week 2025 again brought together experts who can explain which parts of the economy impact automotive most. This year’s event included views from Laura Wehunt of Black Book, Tim Gill of the American Financial Services Association, T.J. Cox ... Listen Here
Wednesday, Dec. 10, 2025, 04:39 PM
Sponsored Episode: Winning Trade-Ins and Trust – Navigating Today’s Affordability Challenges
Affordability challenges are reshaping the automotive landscape—vehicle prices and payments are at all-time highs and negative equity is on the rise. In this episode, Micah Tindor offers a data-driven conversation with real-world strategies around acquisition tactics and long-term profitability to ... Listen Here
Friday, Dec. 5, 2025, 03:15 PM
CPS completes first securitization of year, totaling $329.5M
Friday, Jan. 29, 2016, 04:32 PM
SubPrime Auto Finance News Staff
Consumer Portfolio Services finalized the closing of its first term securitization in 2016 this week. The transaction is CPS’ 19th senior subordinate securitization since the beginning of 2011 and the second consecutive securitization to receive a triple A rating on ... [Read More]
GrooveCar forms partnerships with 5 credit unions
Friday, Jan. 29, 2016, 04:18 PM
SubPrime Auto Finance News Staff
GrooveCar, an online vehicle buying resource for credit unions, highlighted this week that five new partners joined the program. The credit unions now leveraging the platform include: — Telco Plus of Longview, Texas — Picatinny Federal Credit Union of Dover, ... [Read More]
Cox Auto investment creates 3 new F&I offerings
Thursday, Jan. 28, 2016, 02:54 PM
SubPrime Auto Finance News Staff
You now can add three F&I solutions to what Cox Automotive can provide to dealerships. Officials highlighted on Thursday that GO Financial and NextGear Capital affiliated dealers will soon be able to offer warranty, insurance and theft recovery products to ... [Read More]
Fed passes on another interest rate rise
Wednesday, Jan. 27, 2016, 07:52 PM
Nick Zulovich, Editor
A month after making its first move with respect to interest rates in almost a decade, the Federal Reserve on Wednesday chose to pass on increasing the federal funds rate any further. The Federal Open Market Committee (FOMC) decided to ... [Read More]
Floyd maintains Exeter’s commitment to dealers
Wednesday, Jan. 27, 2016, 05:17 PM
Nick Zulovich, Editor
Less than two months after Mark Floyd took the reins again as chief executive officer of Exeter Finance Corp., the interim leader used SubPrime Auto Finance News as a conduit to relay a message to dealers already in the subprime ... [Read More]
Veros Credit leverages ACI Worldwide to improve payment process
Wednesday, Jan. 27, 2016, 05:05 PM
SubPrime Auto Finance News Staff
Electronic payment and banking solutions provider ACI Worldwide announced this week that finance company Veros Credit has selected its UP Bill Payment Solution to provide customers a wide variety of convenient choices for paying their auto loans — including debit ... [Read More]
Autoscribe hires new CFO
Wednesday, Jan. 27, 2016, 04:59 PM
SubPrime Auto Finance News Staff
Autoscribe Corp. brought on Myles Locke as its new chief financial officer this week. Locke spent the past 17 years in various leadership roles in payments, finance and card processing, including vice president of finance and vice president of corporate ... [Read More]
GSFSGroup’s field force completes AFIP certification
Wednesday, Jan. 27, 2016, 04:57 PM
SubPrime Auto Finance News Staff
The Association of Finance & Insurance Professionals (AFIP) highlighted this week that Gulf States Financial Services Group’s entire dealer-support team completed the AFIP Certified F&I Professional program. AFIP executive director David Robertson conducted a review and proctored the certification exam ... [Read More]
Auto defaults remain stable in December
Monday, Jan. 25, 2016, 05:20 PM
SubPrime Auto Finance News Staff
With observers saying, “the consumer economy looks good,” the auto loan portion of the S&P/Experian Consumer Credit Default Indices remained steady for December. Analysts from S&P Dow Jones Indices and Experian determined the auto loan default rate was unchanged from ... [Read More]
SpringboardAuto.com adds 2 industry veterans to board
Monday, Jan. 25, 2016, 05:19 PM
SubPrime Auto Finance News Staff
SpringboardAuto.com, a new direct-to-consumer auto loan platform, added two executives to its board of directors who bring decades of experience from their time with Capital One and Ford Motor Credit. The company announced on Monday that its board now has ... [Read More]
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