Time dwindling to submit public comments about House’s major CFPB reform proposal
Wednesday, Aug. 12, 2026, 11:19 AM
F&I Sentinel, Global Lending Services, CHAMP again among Inc. 5000
Wednesday, Aug. 12, 2026, 11:13 AM
Cox Automotive: Subprime share decreases again in July, as loan terms stay at all-time high
Tuesday, Aug. 11, 2026, 10:16 AM
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
PayNearMe chief product officer John Minor on intersection of payments & technology
PayNearMe recently shared new search, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about ... Listen Here
Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
Edmunds pinpoints top 20 trades with negative equity in Q2
SubPrime Auto Finance News Staff
Individuals holding thousands of dollars in negative equity with their trade might not necessarily be pushed into the special finance or subprime departments at dealerships and lenders. But the record-setting negative equity data Edmunds shared on Thursday might very well ... [Read More]
Auto Data Direct rolls out CarLocate in Texas
Nick Zulovich
Help is coming for finance companies and fleet operators that suspect their vehicle collateral might be impounded somewhere in the Lone Star State. Auto Data Direct, a Reynolds and Reynolds company, announced on Tuesday the release of CarLocate in Texas ... [Read More]
Subprime lags behind Dealertrack Credit Availability Index climb of 5 straight months
SubPrime Auto Finance News Staff
The June Dealertrack Credit Availability Index climbed to the highest level in more than a decade, but the subprime segment isn’t surging to that degree. Cox Automotive reported that the share of loans to subprime borrowers in June declined 10 ... [Read More]
APCO boosts EasyCare footprint via acquisition for second time in less than a week
SubPrime Auto Finance News Staff
APCO Holdings announced an acquisition for the second time in less than a week. On Tuesday, the provider of F&I products and dealer solutions said it has acquired the assets of Fidelity Dealer Services. APCO made a similar move on ... [Read More]
SAFCO promotes CFO to president
SubPrime Auto Finance News Staff
Three years ago, Southern Auto Finance Co. (SAFCO) hired Jason Person as its chief financial officer. On Monday, the subprime auto lender promoted Person to be its president. Throughout his tenure at SAFCO, the company highlighted that Person has demonstrated ... [Read More]
AIADA taps Protective as official vehicle service contract sponsor
SubPrime Auto Finance News Staff
The American International Automobile Dealers Association (AIADA) and Protective Asset Protection made it official this week. AIADA announced a new sponsorship agreement with Protective as the official vehicle service contract (VSC) provider sponsor for the association. The sponsorship connects Protective’s ... [Read More]
3 main growth aids now available through EFG Admin Solutions
SubPrime Auto Finance News Staff
EFG Companies has a new F&I solution for operations in growth mode. On Thursday, EFG launched a new comprehensive product administration platform targeting product providers and administrators seeking to expand their business. According to a news release, EFG Admin Solutions ... [Read More]
APCO deepens roots in Southeast, buys Dealer Performance Group
SubPrime Auto Finance News Staff
APCO Holdings is based in the Southeast and deepened its regional roots via another acquisition announced on Thursday. The provider F&I products and dealer solutions has acquired the assets of Dealer Performance Group (DPG), which enhances EasyCare’s presence across the ... [Read More]
AFSA likes current path of CFPB & complaint database modifications
SubPrime Auto Finance News Staff
The American Financial Services Association likes the path the Consumer Financial Protection Bureau is currently taking and hopes the regulator stays on it. AFSA recapped on Wednesday that the association joined an industry panel earlier this week organized by the ... [Read More]
Lobel Financial hires new chief information officer
SubPrime Auto Finance News Staff
Lobel Financial has a new chief information officer. The consumer finance company specializing in the purchase and servicing of automobile contracts on Monday appointed Ram Krishnan to this role. As its CIO, Krishnan will lead the company’s technology strategy, digital ... [Read More]
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