More mixed views of consumer confidence create added headwinds for vehicle purchase plans
Tuesday, Mar. 3, 2026, 10:30 AM
Fed’s Bowman outlines path to ‘tailored’ supervision
Friday, Feb. 27, 2026, 10:44 AM
Agora Data & Figure Technologies to launch first blockchain-based auto loan platform for real-world assets
Monday, Mar. 2, 2026, 10:33 AM
Auto finance’s digital transformation still ongoing despite pullback in Q4 car sales
Matt Babcock, who oversees digital lending product strategy for Wolters Kluwer, reviewed the Q4 Auto Finance Digital Transformation Index as well as discussed what could happen digitally this year. Listen Here
Wednesday, Mar. 4, 2026, 05:41 PM
Dealer/consultant Luke Godwin discusses issues and opportunities facing dealers today
Luke Godwin has his finger on the pulse of the independent used-car dealer. For starters, he’s a dealer himself as owner of Godwin Motors in Columbia, S.C. He’s also a consultant working with independent dealers and a frequent speaker at ... Listen Here
Monday, Mar. 2, 2026, 10:07 PM
More insight into fraud at dealerships with Experian’s Jim Maguire
Experian senior director for automotive Jim Maguire made another appearance on the Auto Remarketing Podcast to recap findings from the company’s latest dealer survey that examined the impact of fraud at dealerships. Maguire then touched on the balance dealers and ... Listen Here
Thursday, Feb. 26, 2026, 03:55 PM
New Compliance Guide on Federal Advertising Rules
Monday, Jan. 26, 2015, 05:06 PM
SubPrime Auto Finance News Staff
With regulators such as the Federal Trade Commission honing in on advertisements that focus on the financial elements of a vehicle transaction, the National Automobile Dealers Association responded by issuing a new publication during this year’s NADA Convention. The association ... [Read More]
New Experian Tool to Estimate Equity, Aid in Refinancing
Monday, Jan. 26, 2015, 05:03 PM
SubPrime Auto Finance News Staff
Experian Automotive recently launched a new tool the company is calling its Auto Equity Model, a consumer credit–based solution designed to help finance companies and dealers estimate the current equity on an individual’s open vehicle loan. Officials explained this level of ... [Read More]
Ally Previews New Flagship VSC and Technology Platform
Monday, Jan. 26, 2015, 05:01 PM
SubPrime Auto Finance News Staff
Ally Financial offered a preview of its new flagship vehicle service contract, Ally Premier Protection, during the National Automobile Dealers Association Conference and Expo this past weekend. The company highlighted the new product brings together enhanced features and benefits for ... [Read More]
700Credit, DealerClick Partner for Access to Reports & More
Monday, Jan. 26, 2015, 04:57 PM
SubPrime Auto Finance News Staff
700Credit, which provides credit, compliance and prescreen products and services exclusively to the automotive industry, recently formed an integration partnership with DealerClick, a leader in automotive software solutions. Officials said this agreement will allow DealerClick dealers seamless and secure access ... [Read More]
CU Direct Connect Tops $1B in Loans in 2014
Friday, Jan. 23, 2015, 06:36 AM
SubPrime Auto Finance News Staff
CU Direct Connect (CUDC) announced its year-end results this week as auto loan application volume jumped 25.3 percent. That rise helped CUDC to close 2014 with more than $1 billion in funded loans netting a year-over-year increase of 30 percent. ... [Read More]
Westlake Flooring Helps NJ Dealership Consolidate Into 1 Location
Friday, Jan. 23, 2015, 06:33 AM
SubPrime Auto Finance News Staff
Westlake Flooring, a division of Westlake Financial Services, recently financed the acquisition of Phoenix Truxx’s current dealership location, helping the heavy-duty truck enterprise consolidate its operation in New Jersey. Officials highlighted the property had been in bankruptcy foreclosure and Westlake ... [Read More]
3 Components of vAuto’s New Subprime Tool
Friday, Jan. 23, 2015, 06:31 AM
SubPrime Auto Finance News Staff
Emphasizing three main capabilities, vAuto introduced what it dubbed a Subprime Booking module as part of its Provision system to help dealers address the challenges of properly acquiring subprime inventory and matching credit-challenged customers to those vehicles. As the latest ... [Read More]
Student Loans Create 9% Dip in 2014 Lease Approvals
Friday, Jan. 23, 2015, 06:29 AM
SubPrime Auto Finance News Staff
The pool of subprime borrowers for finance companies to service potentially could be getting deeper judging by the reason Swapalease.com cited as the trigger for auto lease credit approvals for 2014 dropping by nearly 9 percent year-over-year. Swapalease.com reported last ... [Read More]
Key Case Could Cut CFPB’s Ability to Use Disparate Impact
Thursday, Jan. 22, 2015, 01:37 PM
Nick Zulovich, Editor
The ability for federal regulators such as the Consumer Financial Protection Bureau to use disparate impact theory to hand out enforcement actions against finance companies that provide auto financing could be reduced or even eliminated, depending on how the Supreme ... [Read More]
Dealertrack’s Henrick to Host FTC Compliance Workshops at NADA Convention
Wednesday, Jan. 21, 2015, 04:17 PM
SubPrime Auto Finance News Staff
Dealertrack Technologies associate general counsel for regulatory and compliance Randy Henrick will be a featured workshop speaker at this week’s National Automotive Dealers Association Convention and Expo in San Francisco. Henrick will conduct two workshop sessions to educate dealers on ... [Read More]
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