StoneEagle spots new highs in dealer F&I average gross profit, income halfway through 2026
Monday, Aug. 31, 2026, 10:21 AM
Wise F&I regional VP chosen as 2026 NAMAD Woman of the Year
Monday, Aug. 31, 2026, 10:42 AM
FTC issues consumer alert over phantom dealerships that experts have seen for more than a year
Wednesday, Sep. 2, 2026, 09:55 AM
SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
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
GSFSGroup organizes program to serve veterans
SubPrime Auto Finance News Staff
Associates from GSFSGroup, a nationwide provider and administrator of F&I products, recently banded together to honor the nation’s military veterans by collecting, assembling and delivering hundreds of care packages to the Michael E. DeBakey VA Medical Center in Houston. The ... [Read More]
Negative consequence of 65-month new-car contracts
Nick Zulovich, Editor
Cox Automotive chief economist Tom Webb didn’t reference the Federal Reserve’s revamped consumer credit report that includes more details about auto financing when he conducted his quarterly conference call this week. But the metrics the Fed reported probably didn’t provide ... [Read More]
Western Funding books nearly 1,000 contracts in June
SubPrime Auto Finance News Staff
Western Funding closed the first half of the year with the biggest origination month in company history, fueling plans to grow its footprint and workforce. Western Funding — a specialized subprime automotive finance company and subsidiary of Westlake Financial Services ... [Read More]
NAF Association opens next enrollment session for compliance program
SubPrime Auto Finance News Staff
The National Automotive Finance Association established the next in-person session to create another cohort enrolled in its Consumer Credit Compliance Certification program. The NAF Association will host the opening module of the four-part training endeavor at the Irvine Marriott in ... [Read More]
TFS promotes Groff to expanded captive role
SubPrime Auto Finance News Staff
In moves that became effective July 1, Toyota Financial Services announced on Thursday that Mike Groff, president and chief executive officer of TFS USA, was appointed to be CEO of the Toyota Financial Services Americas Region. The captive indicated Groff ... [Read More]
CFPB reveals guidelines for faster payment networks
SubPrime Auto Finance News Staff
A wide array of service providers now operate to help finance companies keep payments coming into their coffers along with ways so customers can stay current on their vehicle installment contracts, especially individuals who might fall into the growing underbanked ... [Read More]
Ally adds 3 account and credit info features for auto customers
SubPrime Auto Finance News Staff
With federal regulators asking finance companies to provide consumers with more resources to manage their vehicle installment contracts and more, Ally Financial added three enhancements to its offering. At the National Association of Minority Automotive Dealers (NAMAD) annual convention on ... [Read More]
6 ‘knockout factors’ to find great employees
Don Jasensky, Automotive Personnel
We have learned the value of establishing “knockout factors” at the beginning of every search. These are factors that are so important that, no matter how qualified a candidate may otherwise be, they will be “knocked out of contention” if ... [Read More]
Metrolina Credit elevates branch manager to field supervisory post
SubPrime Auto Finance News Staff
Metrolina Credit Co. recently established its first field supervisory position to help support the continued success and growth of its branch network throughout North and South Carolina. To fill this position, Metrolina Credit promoted Stan Joyce to regional manager. Joyce ... [Read More]
6 components of Santander’s latest enforcement action from Federal Reserve
SubPrime Auto Finance News Staff
Within a seven-day span that included the co-founder and chief executive officer resigning and the chief financial officer being promoted to take his place, Santander Consumer USA’s parent company reached an enforcement action agreement with the Federal Reserve Bank of ... [Read More]
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