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SPONSORED EPISODE: Allied Solutions explains why origination is episodic, but servicing is continuous
John Elias, sales specialist in auto finance business development for Allied Solutions, is back as the guest for another sponsored episode of the Auto Remarketing Podcast. Elias explains why current market conditions, affordability pressures and changing vehicle values are combining ... Listen Here
Additional insight into FTC’s move involving disparate impact from Hudson Cook
The Federal Trade Commission recently announced it will not pursue claims based on disparate-impact or “unfair discrimination” theories. In this episode of the Auto Remarketing Podcast, Hudson Cook partners Erica Kramer and Rob Tilley offered some historical perspectives and a ... Listen Here
Deeper dive into rising LTVs with TransUnion’s Satyan Merchant
One of the notable findings from TransUnion’s Q2 2026 Credit Industry Insights Report (CIIR) was how much loan-to-value ratios have changed in the past five years. Satyan Merchant, one of this year’s Automotive Intelligence Award recipients and senior vice president ... Listen Here

EFG among BenchmarkPortal’s Top 100 call centers

business excellence
SubPrime Auto Finance News Staff
Coinciding with the recent hiring of a former executive at Hyundai and Nissan as vice president of product development, EFG Companies highlighted this week that it is the only F&I product provider to be named to the BenchmarkPortal Top 100 call centers ... [Read More]

CFPB finalizes proposal for arbitration changes

news report stock photo
SubPrime Auto Finance News Staff
The auto finance industry has new terminology for what the Consumer Financial Protection Bureau refers to as arbitration — "contract gotchas." Ahead of a field hearing scheduled for later today in Albuquerque, N.M., the CFPB early on Thursday released its ... [Read More]

5 findings from Black Book’s finance company survey

survey
Nick Zulovich, Senior Editor
Released a day after AutoData Corp. indicated April new-vehicle sales rose both sequentially and year-over-year, Black Book released results of its recent survey taking the pulse of the finance company community. And that community is pretty upbeat about its prospects ... [Read More]

SNAAC outlines aggressive growth plan

growth plan
SubPrime Auto Finance News Staff
Top executives at Security National Automotive Acceptance Co. (SNAAC) highlighted how they are executing an aggressive growth plan based on a strategy to add a significant number of dealership customers throughout the United States. To accomplish these goals, SNAAC recently ... [Read More]

Ally sticks to strategy as Q1 originations soften

loan application
Nick Zulovich, Senior Editor
Ally Financial chief executive officer Jeffrey Brown articulated a host of reasons why the finance company’s $800 million decline in originations year-over-year is not a cause for concern, as it set records in other metrics associated with first-quarter originations. Brown ... [Read More]

DriveItNow surpasses 4 billion online payment quotes

online car search
SubPrime Auto Finance News Staff
Online pre-qualified monthly payment marketing provider DriveItNow recently reached the milestone of more than 4 billion monthly payments quoted to online shoppers since the service launched in 2008. The company highlighted DriveItNow’s patent pending truPayments calculation engine is now generating ... [Read More]

Record March ignites CPS’ Q1 originations

financial report
Nick Zulovich, Senior Editor
While also touching on how the subprime auto finance company is navigating challenges in both collections and rolling out securitizations, Consumer Portfolio Services highlighted that it closed the first quarter by originating the most contracts ever in a single month. ... [Read More]

4 trends from CFPB’s April complaint update

complaints
SubPrime Auto Finance News Staff
Along with offering more details about complaints originating in California, the Consumer Financial Protection Bureau released its latest monthly consumer complaint snapshot this week as the overall total continued to march toward 900,000. As of April 1, the CFPB said ... [Read More]

SpringboardAuto.com launches private party transaction financing in 3 states

money and car keys
SubPrime Auto Finance News Staff
SpringboardAuto.com rolled out its private-party transaction financing availability this week. With the company indicating more states in its network will be added soon, the online platform is now originating financing for buyers in Arizona, California, and Florida. SpringboardAuto.com chief executive ... [Read More]

Why VSCs can help navigate financing storms

mechanic 4
Brien Joyce, EFG Companies
One of the hot topics at the 2016 NADA Convention was the much debated subprime bubble in relation to rising delinquency rates. Again, industry experts worked to calm everyone’s nerves about Fitch Ratings’ latest report, which brought to everyone’s attention ... [Read More]

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