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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

Analysts wonder why lease credit approvals are spiking

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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

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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’

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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]

TransUnion spots outstanding balances above $1T

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Nick Zulovich, Editor
TransUnion’s Industry Insights Report found that outstanding auto loan balances surpassed $1 trillion in the third quarter, an 11.1 percent jump year-over-year. But contract holders appear to be maintaining their payments on that growing balance total since delinquencies — the ... [Read More]

Coombs promoted to CFO of JM Family

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SubPrime Auto Finance News Staff
JM Family Enterprises president and chief executive officer Colin Brown recently promoted Ron Coombs to the position of senior vice president and chief financial officer, overseeing the company’s financial operations. Coombs joined JM Family in 1999 as vice president for ... [Read More]

Reynolds rolls out F&I Library for Arizona dealers

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SubPrime Auto Finance News Staff
Reynolds and Reynolds recently highlighted that its F&I Libraries now cover 16 states as the company established the Reynolds LAW Arizona F&I Library. Reynolds reiterated that the library is a comprehensive catalog of standardized, legally reviewed finance and insurance documents ... [Read More]

Jeff Wyler agrees to $624K settlement with Indiana attorney general

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SubPrime Auto Finance News Staff
The Indiana attorney general’s office recently reached a settlement agreement with a Toyota dealership in the Jeff Wyler Automotive Family to resolve allegations that the group charged what state officials deemed to be unfair processing fees when selling vehicles. State ... [Read More]

MakeMyDeal unveils tool powered by F&I Express

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SubPrime Auto Finance News Staff
MakeMyDeal, a Cox Automotive company that is geared to enable dealers and shoppers to negotiate a vehicle deal online, recently rolled out a new solution it’s calling F&I Connect. The company explained this product is designed to bring the finance ... [Read More]

Metrolina Credit expanding again in NC

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SubPrime Auto Finance News Staff
Metrolina Credit Co. — which operates a network of branch offices throughout North and South Carolina to service installment contracts that it purchases from dealers in the local market — shared plans to open another location sometime in the second ... [Read More]

3 factors that impacted SCUSA’s Q3 performance

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Nick Zulovich, Editor
Before reaching a settlement with the Massachusetts attorney general who alleged the finance company charged “excessive” interest rates on its subprime vehicle installment contracts, Santander Consumer USA chief executive officer Jason Kulas discussed three specific industry-wide factors that impacted its ... [Read More]

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