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Tuesday, Jul. 1, 2025, 09:44 AM

2025 Non-Prime Automotive Financing Industry Survey is ‘more than just numbers’
Monday, Jun. 30, 2025, 10:17 AM

COMMENTARY: Is your payments platform safeguarding compliance?
Thursday, Jun. 26, 2025, 07:07 AM
CPS Finalizes $267.5M Asset-Backed Securitization
Friday, Dec. 19, 2014, 04:45 PM
SubPrime Auto Finance News Staff
Consumer Portfolio Services closed its fourth term securitization of the year this week. The transaction is CPS’ 15th senior subordinate securitization since the beginning of 2011 and the third consecutive securitization to receive a triple A rating on the senior ... [Read More]
DOJ Subpoenas Ally As Treasury Sells Remaining Stock
Friday, Dec. 19, 2014, 04:36 PM
SubPrime Auto Finance News Staff
As the finance company joined the ranks being subpoenaed by the U.S. Department of Justice, Ally Financial announced on Friday that the U.S. Department of the Treasury has sold its remaining 54.9 million shares of common stock at $23.25 per ... [Read More]
Regulatory Updates Highlight Top 10 Stories of 2014
Friday, Dec. 19, 2014, 04:34 PM
SubPrime Auto Finance News Staff
As a part of the last SubPrime News Update of the year before the Cherokee Media Group team breaks for the holidays, the publication wanted to share a rundown of the top 10 stories that generated the most reader interest ... [Read More]
S&P/Experian: November Auto Defaults Stay Flat
Friday, Dec. 19, 2014, 04:30 PM
SubPrime Auto Finance News Staff
Auto loans defaults stayed the same level on a sequential basis in November, according to the S&P/Experian Consumer Credit Default Indices released this week. S&P Dow Jones Indices and Experian determined the auto default reading came in at 1.05 percent ... [Read More]
DRN Unveils New Website
Friday, Dec. 19, 2014, 02:19 PM
SubPrime Auto Finance News Staff
One of the lead sponsors of Used Car Week’s Re3 Conference — Digital Recognition Network (DRN) — launched its completely revamped corporate website on Friday morning. DRN chief executive officer Chris Metaxas described the move as part of the company’s ... [Read More]
4 Collection & Payment Processing Trends to Watch
Wednesday, Dec. 17, 2014, 04:21 PM
SubPrime Auto Finance News Staff
BillingTree offered four trends the payment processing solutions provider thinks will impact the industry in the coming year. The projections cover a wide array of elements auto finance executive might or might not already see on their radar, as well. ... [Read More]
White Clarke Group: Finance Markets Are Growing but Still Face Uncertainty
Wednesday, Dec. 17, 2014, 04:19 PM
Ed White, White Clarke Group
Since the last Global Asset and Auto Finance Survey, the global economy looked to be entering a period of sustained growth and expansion — indicating good news for the auto and equipment finance industry. However, it has not all been ... [Read More]
Average Auto Debt Expected to Top $18K in 2015
Wednesday, Dec. 17, 2014, 04:16 PM
SubPrime Auto Finance News Staff
Consumers are going to continue to ramp up their auto loan debt in 2015 while delinquencies are projected to tick higher, too. That’s the two main segments of TransUnion’s annual auto loan forecast that calls for auto loan debt to ... [Read More]
Subprime Auto Finance Fuels Underserved Market Growth
Monday, Dec. 15, 2014, 04:15 PM
SubPrime Auto Finance News Staff
Subprime auto financing is one of the main drivers of why American consumers spent $103 billion in fees and interest revenue in 2013, according to the fourth annual Financially Underserved Market Size Study orchestrated by the Center for Financial Services ... [Read More]
Outstanding Auto Loans at Highest Point in 5 Years
Monday, Dec. 15, 2014, 04:13 PM
SubPrime Auto Finance News Staff
According to the latest Equifax National Consumer Credit Trends Report, the total number of outstanding auto loans year-to-date in November came in at more than 70.0 million, the highest level in more than five years. That amount of paper in ... [Read More]
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