Fed keeps interest rates unchanged even in ‘challenging environment’ for automotive
Thursday, Jan. 29, 2026, 10:29 AM
PODCAST: Lenders, forwarders & agents discuss repo bottlenecks
Wednesday, Jan. 28, 2026, 02:22 PM
VantageScore pinpoints how much subprime credit market is growing
Wednesday, Jan. 28, 2026, 11:09 AM
Lenders, forwarders & agents discuss repo bottlenecks
In another of the Used Car Week 2025 panel discussions focused on repossessions and recoveries, AutoSquared.ai co-founder Bahador Rahimi led a conversation that included lenders, forwarders and agents. The group exchanged ideas about how industry firms can smooth the bottlenecks ... Listen Here
Wednesday, Jan. 28, 2026, 07:16 PM
Napleton’s customer experience success story
In 2023, Ed Napleton Automotive Group’s national CX director Eduardo Rodriguez launched a new customer experience program based around tools and technology from Reputation that quickly produced eye-opening results, a success story that can be found in the January issue ... Listen Here
Monday, Jan. 26, 2026, 09:20 PM
Fact or fiction — The truth behind EVs
Auto Hauler Exchange chief operating officer Dana Randazzo spent part of Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Randazzo and Cherokee Media Group’s Joe Overby shared a conversation titled, “Fact or fiction — The ... Listen Here
Monday, Jan. 26, 2026, 07:58 PM
Some subprime elements of leasing reminiscent of 1990s
Wednesday, Feb. 17, 2016, 04:51 PM
Nick Zulovich, Editor
Black Book vice president of lender solutions Barrett Teague recollected leasing activities back in the early 1990s; a span when subprime leasing as well as contracts stretching as long as 60 months made their way into finance company portfolios. Teague ... [Read More]
Clarity’s latest research refutes more CFPB data analysis
Wednesday, Feb. 17, 2016, 04:43 PM
SubPrime Auto Finance News Staff
Clarity Services’ research division, nonPrime101, published a new report this week based on a unique five-year data set of more than 100 million payday loans representing 20 percent of the storefront payday market. Because of the unique size and duration ... [Read More]
Grubb, Martin depart SCUSA for Exeter
Tuesday, Feb. 16, 2016, 07:45 PM
SubPrime Auto Finance News Staff
Within hours of Santander Consumer USA stating Jason Grubb and Brad Martin left high-level posts at the company, Exeter Finance Corp. announced the pair as two of its top executives. Exeter indicated on Tuesday afternoon that the company appointed Grubb ... [Read More]
Santander promotes EVP as 2 COOs leave company
Tuesday, Feb. 16, 2016, 04:59 PM
SubPrime Auto Finance News Staff
Santander Consumer USA modified its top executive structure on Tuesday as Jason Grubb, who was president and chief operating officer of originations, and Brad Martin, who was chief operating officer of servicing, both departed the finance company. With chief executive ... [Read More]
GM Financial keeps toes in subprime as prime level grows
Monday, Feb. 15, 2016, 05:20 PM
Nick Zulovich, Editor
General Motors Financial president and chief executive officer Dan Berce offered some noteworthy details about the finance company’s subprime business even though more and more of its originations and outstanding portfolio balances are attached to installment contracts and leases associated ... [Read More]
FICO to cover 3 advances in credit scoring during free webinar
Monday, Feb. 15, 2016, 05:17 PM
SubPrime Auto Finance News Staff
In anticipation of FICO World 2016, FICO principal consultant Julia Wooding will host the opening segment of a webinar series where the company will delve into recent advances in credit scoring. Wooding plans to discuss the latest updates associated with ... [Read More]
Carvana forms relationship with one of Georgia’s largest credit unions
Monday, Feb. 15, 2016, 05:14 PM
SubPrime Auto Finance News Staff
Coming on the heels of brokering an expanded relationship with Ally Financial for its floor-plan financing, Carvana recently teamed up with Delta Community Credit Union, one of Georgia's largest credit unions. By working with online vehicle retailer Carvana, Delta Community ... [Read More]
Why lenders are struggling to secure new customers
Thursday, Feb. 11, 2016, 09:07 PM
SubPrime Auto Finance News Staff
A recent TransUnion survey found that three in four lenders said it is increasingly difficult to find and acquire new customers. Meanwhile, nearly 75 percent of respondents acknowledged they are challenged by a continued low interest rate environment, which is ... [Read More]
Enterprise pushes nearly $500M in contract volume to credit unions
Thursday, Feb. 11, 2016, 09:04 PM
SubPrime Auto Finance News Staff
Continuing a three-decade relationship of supporting the auto financing endeavors of its credit union partners, Enterprise Car Sales calculated that it generated close to $500 million in loan volume to nearly 28,000 credit union members during 2015. Officials highlighted recent ... [Read More]
Wise F&I integrates with Dealertrack Technologies
Thursday, Feb. 11, 2016, 09:03 PM
SubPrime Auto Finance News Staff
Finance and insurance product provider Wise F&I integrated with Dealertrack Technologies this week in an effort to provide dealerships real-time access to Wise F&I products for price quotes and the electronic contracting of aftermarket products through the Dealertrack Aftermarket Network. ... [Read More]
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