Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
Read More
Experts see Middle East conflict making current car & credit markets even more challenging
Tuesday, Mar. 24, 2026, 10:27 AM
With additional insight about affordability, FICO watches averages credit scores tick lower again
Wednesday, Mar. 25, 2026, 11:27 AM
PODCAST: Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 01:05 PM
Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance ... Listen Here
Wednesday, Mar. 25, 2026, 05:01 PM
Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Kelly Wyatt, who is chief digital officer with GM Financial. Wyatt shares a conversation with Cherokee Media Group senior editor Nick Zulovich about being ... Listen Here
Wednesday, Mar. 25, 2026, 04:43 PM
Industry Elite: Sean Morgan of Westlake Financial
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here
Monday, Mar. 23, 2026, 03:07 PM
How Fed rate could hit 2 percent
Monday, Nov. 23, 2015, 04:33 PM
SubPrime Auto Finance News Staff
While many auto finance executives are gearing up for Thanksgiving with family and friends, it appears leadership of the Federal Reserve is not only prepping for turkey, too, but also mulling over how much interest rates should be increased. In ... [Read More]
Finance company notes: Exeter securitization & Ally redemption
Monday, Nov. 23, 2015, 04:31 PM
SubPrime Auto Finance News Staff
Two significant players in the auto finance space — Ally Financial and Exeter Finance — each shared details about recent company developments. At Exeter, the company announced on Monday that it closed a $300 million securitization backed by automobile loan ... [Read More]
Resource Hub
Best Practices, Ideas, and Tools for Business
The Dealer’s Guide to Smarter GPS Tracking
A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
Read More
Used Car Turn Vendor Management Checklist
Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
Read More
Wise F&I exec to serve as GAPA president
Monday, Nov. 23, 2015, 04:28 PM
SubPrime Auto Finance News Staff
Rob Berger, executive vice president at Wise F&I, was recently elected to serve as president of the Guaranteed Asset Protection Alliance, an organization established in 2006 comprised of companies that offer guaranteed asset protection (GAP) products. The purpose of GAPA ... [Read More]
PaymentVision offers free webinar on tokenization
Friday, Nov. 20, 2015, 03:08 PM
SubPrime Auto Finance News Staff
The week after Thanksgiving, PaymentVision will hold a free webinar on the importance and benefits of tokenization, or when applied to data security, the process of substituting a sensitive data element with a non-sensitive equivalent. The webinar covering the currently ... [Read More]
Veros Credit opens new Texas business center
Friday, Nov. 20, 2015, 02:58 PM
SubPrime Auto Finance News Staff
Veros Credit announced it has opened a new Regional Business Center in the Dallas area. The company reported the new center will assist in the company’s growth efforts in Texas. The focus of the new center will be to provide ... [Read More]
Lenders remain ‘vigilant’ amid auto-loan market growth
Friday, Nov. 20, 2015, 02:38 PM
SubPrime Auto Finance News Staff
Reporting strong performance in the “no-score” segment of the credit spectrum, Equifax pointed out in a release this week lender vigilance is helping to drive auto loan market success. According to the latest National Consumer Credit Trends Report from Equifax ... [Read More]
House passes CFPB reform bill
Thursday, Nov. 19, 2015, 04:22 PM
SubPrime Auto Finance News Staff
To the delight of many in the automotive industry, the House of Representatives voted on and passed a bill aimed at altering the Consumer Financial Protection Bureau’s handling of indirect auto financing. With a vote of 332 to 96, the ... [Read More]
Analysts wonder why lease credit approvals are spiking
Wednesday, Nov. 18, 2015, 03:17 PM
SubPrime Auto Finance News Staff
Even though lease credit approvals are down slightly this month, rates remain unusually high, prompting analysts to discuss the factors behind the surge. According to Swapalease.com, lease credit approvals fell to 75 percent this month, down a bit from the ... [Read More]
Springleaf reaches settlement with DOJ to buy OneMain Financial
Wednesday, Nov. 18, 2015, 02:52 PM
SubPrime Auto Finance News Staff
Personal finance company Springleaf Holdings Inc. recently announced it will be moving forward with its purchase of OneMain Financial Holdings LLC after reaching a settlement with the Department of Justice, as well as the Attorneys General of seven states. ... [Read More]
Auto loan defaults rise in October but remain at ‘low levels’
Wednesday, Nov. 18, 2015, 02:19 PM
SubPrime Auto Finance News Staff
Auto loan defaults spiked a bit in October, though analysts say consumer credit default rates still remain at “low levels.” According to data released Tuesday by S&P Dow Jones Indices and Experian, auto loan default rates came in at 1 ... [Read More]
X