Loan extensions keep climbing as repo agents now seeing ramifications
Thursday, Apr. 23, 2026, 10:24 AM
4 attorneys decipher developments since FTC sent letters to dealers nationwide
Friday, Apr. 24, 2026, 10:51 AM
VantageScore spots ‘subtle migration’ of consumers toward lower credit tiers in March
Monday, Apr. 27, 2026, 10:37 AM
Latest Stories
FICO’s Shams Blanc on lenders sharpening underwriting & more
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here
Wednesday, Apr. 29, 2026, 03:54 PM
Byron Oldham of Honest Autos & FIADA
Byron Oldham is president of the family-owned Honest Autos dealership and is president of the board at the Florida Independent Automobile Dealers Association. In this episode, Oldham talks with Cherokee Media Group senior editor Joe Overby about the upcoming Southeast ... Listen Here
Monday, Apr. 27, 2026, 07:47 PM
Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’
Kathi Kruse, the Automotive CFO-To-Go who brings her financial expertise — born through years of experience as a dealership chief financial officer — to dealers needing help in that area, is back on the Auto Remarketing Podcast. In this episode, ... Listen Here
Sunday, Apr. 19, 2026, 04:27 AM
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]
FTC unveils educational material aimed at Latinos
Monday, Jan. 25, 2016, 05:16 PM
SubPrime Auto Finance News Staff
The Federal Trade Commission recently rolled out a new resource catering to Hispanics in an effort to curtail what the regulator believes are potential pitfalls in the vehicle purchasing and financing process. Officials highlighted their newest Spanish-language fotonovela — a ... [Read More]
What to expect from regulators in 2016
Friday, Jan. 22, 2016, 03:45 PM
Joe Overby, Staff Writer
There could be new curves for dealers to navigate this year on the regulatory road, a path that can sometimes wind and change course with little notice. Some of those twists in 2016, says Randy Henrick of Dealertrack Technologies, may ... [Read More]
How captives can respond to changing expectations
Friday, Jan. 22, 2016, 03:40 PM
SubPrime Auto Finance News Staff
The battle for captive auto finance business in the future will be won — or lost — in the world of digital real estate, according to Jonny Combe, general manager of product and channel development at BMW Group Financial Services. ... [Read More]
Primeritus acquires Roquemore to enhance skip-tracing
Thursday, Jan. 21, 2016, 06:34 PM
SubPrime Auto Finance News Staff
Primeritus Financial Services strengthened its recovery management, skip-tracing and remarketing services on Thursday by acquiring Dallas-based Roquemore, a provider of vehicle skip-tracing services to the credit union and collateral protection industries. Primeritus director Chuck Tapp explained why the company made ... [Read More]
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