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Inside Auto Auction M&A with Mach10 CEO George Pero
Tuesday, Oct. 28, 2025, 02:01 PM
The auto auction industry has seen a spike in M&A over the last three years, similar to the consolidation in auto retail that has been going on much longer. And our guest today has experience with both. George Pero is ... Listen Here
Insight into Q3 Wolters Kluwer Auto Finance Digital Transformation Index
Monday, Oct. 27, 2025, 04:17 PM
While the year-over-year figure reflects broader market volatility, Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, explained the strong quarter-over-quarter increase of the Q3 Wolters Kluwer Auto Finance Digital Transformation Index signals market re-engagement. Babcock elaborated about ... Listen Here
Zapmoto Co-Founder & CEO Clint Curtis
Tuesday, Oct. 21, 2025, 07:52 PM
We throw the keys to the valet on this episode. Clint Curtis is the co-founder and CEO of Zapmoto, which provides valet pickup and delivery of vehicles for servicing at car dealerships. He joins the Auto Remarketing Podcast for a ... Listen Here

Auto loan defaults sink to new low

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Wednesday, Jun. 17, 2015, 03:44 PM
SubPrime Auto Finance News Staff
Auto loan defaults dropped to an historic low in May, according to the S&P/Experian Consumer Credit Default Indices released on Tuesday. Analysts for S&P Dow Jones Indices and Experian determined the auto loan default rate dipped by 8 basis points ... [Read More]

NY nets nearly $14M settlement with 3 dealers

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Wednesday, Jun. 17, 2015, 03:39 PM
SubPrime Auto Finance News Staff
With actions possibly coming against another 11 dealerships in the Big Apple, New York attorney general Eric Schneiderman raked in a multi-million dollar settlement with three dealerships on Wednesday in a development associated with the alleged unlawful sale of credit ... [Read More]

Spireon, P360 forge partnership to reduce porfolio risk

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Wednesday, Jun. 17, 2015, 03:30 PM
SubPrime Auto Finance News Staff
In a move targeted at the subprime market, Spireon on Wednesday formed a strategic partnership with P360, a provider of loan-level data management and analytics. The companies highlighted the collaboration will provide a comprehensive portfolio solution to help auto finance companies ... [Read More]

Sundaram: The illusion of a subprime auto lending bubble

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Monday, Jun. 15, 2015, 04:22 PM
Raj Sundaram, Dealertrack Technologies
The first several months of 2015 have brought fears and concerns that the automotive lending market faces another subprime bubble like we saw back in 2008.  In reality, based on what we have seen at Dealertrack, the credit picture is ... [Read More]

Millennium Capital and Recovery Names General Counsel & Chief Compliance Officer

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Monday, Jun. 15, 2015, 04:15 PM
SubPrime Auto Finance News Staff
Nationwide recovery management services provider Millennium Capital and Recovery Corp. recently hired Alison Kinnear as general counsel and chief compliance officer. Millennium indicated Kinnear will lead the company’s in-house legal and compliance activities. President Jayne Bronchetti highlighted the addition of ... [Read More]

Inilex Now Part of Reynolds Certified Interface Program

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Monday, Jun. 15, 2015, 04:12 PM
SubPrime Auto Finance News Staff
In an effort to give finance managers more options to present to vehicle buyers, Inilex recently announced that its SkyLINK theft-recovery system has been selected by Reynolds and Reynolds as part of the Reynolds Certified Interface (RCI) Program. The provider of ... [Read More]

With Latest CFPB Rule Announced, What Next?

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Friday, Jun. 12, 2015, 03:22 PM
Nick Zulovich, Editor
While a pair of industry associations indicated they weren’t blindsided when the Consumer Financial Protection Bureau released its final larger participant rule this week, an attorney with more than 30 years of experience cautioned finance company executives about not ignoring ... [Read More]

SAFCo Taps Former ACA Exec To Be COO

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Friday, Jun. 12, 2015, 03:14 PM
SubPrime Auto Finance News Staff
Southern Auto Finance Co. (SAFCo) recently hired a former American Credit Acceptance (ACA) executive to be chief operating officer of the subprime auto finance company. Joining SAFCo after having been COO of ACA since 2009 is Tom Holgate. “It’s an honor to ... [Read More]

Credit Acceptance Modifies Credit Availabilities & Terms

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Friday, Jun. 12, 2015, 03:10 PM
SubPrime Auto Finance News Staff
Credit Acceptance Corp. announced that week that the company increased the amount of its revolving secured line of credit facility with a commercial bank syndicate. The company raised the line from $235.0 million to $310.0 million while also extending the ... [Read More]

CFPB Finalizes Larger Participant Rule

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Wednesday, Jun. 10, 2015, 05:12 PM
SubPrime Auto Finance News Staff
What the Consumer Financial Protection Bureau officially will consider to be a “larger participant” in the auto finance market took another significant step forward today. The CFPB published a rule that will allow the agency to supervise larger nonbank auto ... [Read More]
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