LendingTree spots states with most and least consumers carrying $1,000 car payments

Monday, Jul. 20, 2026, 10:46 AM

Acting CFPB director defends changes to ‘out-of-control’ agency during Congressional hearings

Friday, Jul. 17, 2026, 10:55 AM

Edmunds pinpoints top 20 trades with negative equity in Q2

Thursday, Jul. 16, 2026, 10:11 AM

Latest Stories

Gas prices & inflation continue to drag on the car business

Auto Data Direct rolls out CarLocate in Texas

Subprime lags behind Dealertrack Credit Availability Index climb of 5 straight months

The Spark Between EVs & CPO

Thursday, Jul. 16, 2026, 02:46 PM

In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

Vincenzo Ciampi of iA Financial Group

Tuesday, Jun. 30, 2026, 10:53 AM

Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

Ted Berlovich of Clutch

Monday, Jun. 29, 2026, 03:44 PM

Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

More delays in Springleaf’s bid for OneMain

springleaf-finance-office for SPN

Friday, Aug. 7, 2015, 03:40 PM

SubPrime Auto Finance News Staff

Springleaf Holdings acknowledged when the company reported its second-quarter financial performance on Thursday that its proposed acquisition of OneMain Financial that’s being put together in part to expand its subprime auto financing business won’t culminate until after Labor Day, at ... [Read More]

McGladrey to discuss 3 elements of cybersecurity during free webinar

hands typing on keyboard

Friday, Aug. 7, 2015, 03:33 PM

SubPrime Auto Finance News Staff

McGladrey acknowledged that third-party relationships are helping many financial institutions stay competitive. But the consulting firm insisted these associations also are creating new cybersecurity risks. The situation prompted McGladrey to ask executives and managers whether they’re doing everything they should ... [Read More]

Report: CFPB urging Fifth Third Bank to modify dealer mark-up

news report stock photo

Thursday, Aug. 6, 2015, 03:06 PM

SubPrime Auto Finance News Staff

Another online report has surfaced indicating the Consumer Financial Protection Bureau is urging a large auto finance company to modify its practices regarding dealer participation as part of negotiations to settle alleged discriminatory practices. The Wall Street Journal cited what ... [Read More]

Banks’ view of subprime financing looking back 10 years

bank pic

Wednesday, Aug. 5, 2015, 03:29 PM

SubPrime Auto Finance News Staff

Along with taking their usual look at activity during the past three months, Federal Reserve officials also asked participants in the latest Senior Loan Officer Opinion Survey on Bank Lending Practices to examine trends going back 10 years. Specifically, the ... [Read More]

Wells Fargo enhances floor plan platform with Sword Apak

money 3

Wednesday, Aug. 5, 2015, 03:24 PM

SubPrime Auto Finance News Staff

Global wholesale floor planning software provider Sword Apak recently announced it will implement its new dealer floor planning and loan solution, WFSv6, with Wells Fargo Dealer Services. Officials explained the agreement creates a new portal that is designed to address ... [Read More]

GrooveCar Direct adds 2 more credit union partners

business handshake 2

Wednesday, Aug. 5, 2015, 03:23 PM

SubPrime Auto Finance News Staff

GrooveCar Direct — a vehicle buying resource for the nation’s credit union industry — is expanding through new partnerships with a pair of institutions in the Southeast. Recently coming aboard the program are Insight Credit Union, which is based in Orlando, ... [Read More]

NextGear Capital finalizes $433M securitization

money car

Monday, Aug. 3, 2015, 04:05 PM

SubPrime Auto Finance News Staff

NextGear Capital recently completed the sale of $433 million privately placed notes, providing the company with additional capital and operating flexibility to support the rapid growth of its dealer finance business. Officials highlighted this securitization comes less than a year ... [Read More]

F&I Express launches ExpressQuote to enhance aftermarket product sales

buying car 1

Monday, Aug. 3, 2015, 04:03 PM

SubPrime Auto Finance News Staff

On the heels of the roll-out of a compliance tool, F&I Express recently launched ExpressQuote, a new feature added to the company’s cloud-based solution to help F&I managers provide customers with fast, accurate quotes on aftermarket products. The company explained ... [Read More]

43% of non-prime applicants are millennials

buying car 13

Monday, Aug. 3, 2015, 03:01 PM

Nick Zulovich, Editor

FactorTrust chief executive officer Greg Rable regularly receives questions from finance companies that are seeking more information about millennials, and for good reason. FactorTrust indicated that millennials — individuals born after 1980 — make up the largest percentage of non-prime ... [Read More]

Equifax monitoring trends as write-offs tick higher

car search magnifying glass

Friday, Jul. 31, 2015, 02:44 PM

Nick Zulovich, Editor

While continuing to keep close tabs on how 60-day delinquencies are trending, Equifax is also watching write-offs, too, since they made a small move upward as of June. According to data shared with SubPrime Auto Finance News this week, Equifax ... [Read More]

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