Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
SPONSORED EPISODE: Allied Solutions explains why origination is episodic, but servicing is continuous
John Elias, sales specialist in auto finance business development for Allied Solutions, is back as the guest for another sponsored episode of the Auto Remarketing Podcast. Elias explains why current market conditions, affordability pressures and changing vehicle values are combining ... Listen Here
Additional insight into FTC’s move involving disparate impact from Hudson Cook
The Federal Trade Commission recently announced it will not pursue claims based on disparate-impact or “unfair discrimination” theories. In this episode of the Auto Remarketing Podcast, Hudson Cook partners Erica Kramer and Rob Tilley offered some historical perspectives and a ... Listen Here
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

Pelican Taps FNI to Oversee VSC Program with AUL

business handshake
SubPrime Auto Finance News Staff
On Monday, Pelican Auto Finance engaged with product compliance and marketing firm FNI Inc. to provide management services and training for its recently announced vehicle service contract program with AUL. Pelican turned to FNI to design a standardized product marketing ... [Read More]

DOJ Issues CID to Springleaf About OneMain Acquisition

news
SubPrime Auto Finance News Staff
Coinciding with the company offering more than 22.7 million shares of common stock to help to pay for the acquisition, Springleaf Holdings acknowledged this week that its intended purchase of fellow subprime institution OneMain Financial Holdings is running into some ... [Read More]

EFG Gives Top Agent Award During Biannual Council

Award
SubPrime Auto Finance News Staff
Along with discussing current industry trends and challenges and new product innovation, as well as sharing best practices, EFG Companies handed out a new award during its fifth biannual Agent Council at the Rancho De los Caballeros outside of Phoenix. ... [Read More]

CPS Enters Into $100M Credit Facility

money 1
SubPrime Auto Finance News Staff
Consumer Portfolio Services recently announced it entered into a new two-year revolving credit agreement with Fortress Credit Co. worth $100 million. Officials highlighted the new agreement replaces a revolving credit agreement that CPS has used since December 2010, in which ... [Read More]

NextGear Integrates KBB Values Within Apps

businessman charts
SubPrime Auto Finance News Staff
In an effort to help dealers monitor their floor-planning resources more efficiently, NextGear Capital recently announced that it added Kelley Blue Book values to its myNextGear Web and mobile applications. As a result of this integration between the two Cox ... [Read More]

Ally Points to Dealer Relationships for Q1 Success

graph growth
Nick Zulovich, Editor
Ally Financial chief executive officer Jeffrey Brown pledged that the company would maintain positive performances despite a huge volume of originations no longer coming its way from General Motors and Chrysler. Now, Brown contends he has Ally’s first-quarter results to ... [Read More]

DRN Adds Former Carfax Exec to Manage Risk Solutions Business

executive handshake
SubPrime Auto Finance News Staff
Digital Recognition Network hired a new managing director for its risk solutions business on Wednesday. The company’s growth in the insurance market prompted DRN to bring on Eric Nesson, a 25-year sales and insurance industry professional. Most recently, Nesson headed ... [Read More]

CRIF Select Partners with Dealertrack Digital Document Services

cloud computing
SubPrime Auto Finance News Staff
CRIF Select, a division of CRIF Lending Solutions and leading provider of indirect lending solutions, recently teamed with Dealertrack’s Digital Document Services (DDS) to provide Dealertrack’s eDocs solution for digital contract processing to CRIF Select’s partner institutions and dealerships. Dealertrack’s ... [Read More]

More Prime Paper Boosting GM Financial’s Metrics

earnings report
Nick Zulovich, Editor
General Motors Financial is less than two quarters into its strategic adjustment of originating more prime paper than the finance company ever has in part to its enhanced relationship as the captive for the parent automaker. But GM Financial is ... [Read More]

Mitsubishi Taps Ally as Preferred Financing Source

2014 Outlander Sport new
SubPrime Auto Finance News Staff
Enhancing a relationship that’s already existed for several years, Ally Financial and Mitsubishi Motors North America on Monday announced that Ally will become the preferred financing source for Mitsubishi Motors in the U.S., replacing the brand’s captive finance company, Mitsubishi ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X