FICO explains reasons for slight dip in average credit scores within auto
Tuesday, Aug. 25, 2026, 10:24 AM
Fitch watches tax-refund boost on securitizations fade during half of the year
Monday, Aug. 24, 2026, 11:22 AM
SEC rolls out more charges against former Tricolor executives who have already been federally indicted
Friday, Aug. 21, 2026, 10:09 AM
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here
More delays in Springleaf’s bid for OneMain
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
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
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
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
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
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
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
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
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
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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