Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Cutting keys & cutting costs during repossessions and recoveries
Wednesday, Dec. 10, 2025, 04:42 PM
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
Four experts on automotive & the economy
Wednesday, Dec. 10, 2025, 04:39 PM
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
Sponsored Episode: Winning Trade-Ins and Trust – Navigating Today’s Affordability Challenges
Friday, Dec. 5, 2025, 03:15 PM
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

Is industry ‘numb’ after CFPB’s latest multi-million fine?

online auction gavel on keyboard
Friday, Dec. 4, 2015, 04:23 PM
Nick Zulovich, Editor
Steve Levine used both social media and an email message to SubPrime Auto Finance News to convey thought-provoking reaction to Thursday afternoon’s announcement from the Consumer Financial Protection Bureau. Levine wondered via Twitter if the industry as a whole is ... [Read More]

Executive changes at Ford Motor Credit, VW Credit & Huntington

board of directors table
Friday, Dec. 4, 2015, 04:10 PM
SubPrime Auto Finance News Staff
Two captive finance companies and a commercial bank all made changes to their top executive teams this week. Beginning with Ford Motor Credit, the Blue Oval’s captive named Joy Falotico as chief operating officer. The OEM also elected Falotico as ... [Read More]

Reynolds adds F&I library for Texas dealers

shutterstock_155013140
Friday, Dec. 4, 2015, 04:06 PM
SubPrime Auto Finance News Staff
Reynolds and Reynolds now has more resources for dealerships in the Lone Star State. The week, the company announced that Reynolds Document Services released the Reynolds LAW Texas F&I Library. The library is a comprehensive catalog of standardized, legally reviewed ... [Read More]

Autoscribe collects 2 more honors during Best in Biz Awards

silver award
Friday, Dec. 4, 2015, 03:47 PM
SubPrime Auto Finance News Staff
Autoscribe Corp., provider of PaymentVision and Lyons Commercial Data, has been named a silver winner in the Best in Biz Awards, an independent business awards program judged by members of the press and industry analysts. Autoscribe — also a recent ... [Read More]

CFPB hands Clarity $8M penalty

credit report
Thursday, Dec. 3, 2015, 06:44 PM
Nick Zulovich, Editor
The Consumer Financial Protection Bureau is now wielding its enforcement action and penalty powers in the alternative data space. On Thursday afternoon, the CFPB took action against a nationwide credit reporting company, Clarity Services, and its owner, Tim Ranney, for ... [Read More]

Subprime originators gain more market share in Q3

subprime clouds
Wednesday, Dec. 2, 2015, 04:22 PM
SubPrime Auto Finance News Staff
As captive activity also registered gains, Experian Automotive highlighted on Wednesday that what it classifies as finance companies — institutions that don’t hold customer deposits but get most of their business from consumers with subprime and deep-subprime credit — gained a ... [Read More]

Fitch notices losses for subprime auto ABS top 8%

another analyst picture
Wednesday, Dec. 2, 2015, 04:21 PM
SubPrime Auto Finance News Staff
Fitch Ratings analysts used the terminology “minor cracks” to describe the auto ABS loss trends they continue to see emerging in both the U.S. prime and subprime markets. Analysts spotted that subprime annualized net losses rose for the fifth consecutive ... [Read More]

CPS lands $100M revolving credit facility

money 4
Wednesday, Dec. 2, 2015, 04:19 PM
SubPrime Auto Finance News Staff
Seen as the raw material to generate more originations, Consumer Portfolio Services announced this week that it has entered into a new two-year revolving credit agreement with Credit Suisse AG and Ares Agent Services. Executives indicated loans under the new ... [Read More]

DriveItNow & GoMoto partner to enhance shopper engagement at dealership

iPad stock photo
Wednesday, Dec. 2, 2015, 04:18 PM
SubPrime Auto Finance News Staff
DriveItNow, a provider of online pre-qualified monthly payment marketing technology, finalized a partnership this week with GoMoto, a dealership engagement solutions provider. Executives explained DriveItNow will be integrated with GoMoto’s mobile kiosk technology to improve the shopper experience and boost ... [Read More]

2 areas where finance companies can improve service

thumbs up suit guy
Monday, Nov. 30, 2015, 03:18 PM
SubPrime Auto Finance News Staff
The J.D. Power 2015 U.S. Consumer Financing Satisfaction Study gave two specific areas where auto finance providers need to focus their efforts on servicing processes. Stemming from the study that examines the overall customer experience with financing either an automotive ... [Read More]
X