A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Fed keeps interest rates unchanged even in ‘challenging environment’ for automotive
Thursday, Jan. 29, 2026, 10:29 AM
PODCAST: Lenders, forwarders & agents discuss repo bottlenecks
Wednesday, Jan. 28, 2026, 02:22 PM
VantageScore pinpoints how much subprime credit market is growing
Wednesday, Jan. 28, 2026, 11:09 AM
The real cost of inaction when it comes to transport fraud
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Thursday, Jan. 29, 2026, 03:30 PM
More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here
Thursday, Jan. 29, 2026, 03:30 PM
Lenders, forwarders & agents discuss repo bottlenecks
In another of the Used Car Week 2025 panel discussions focused on repossessions and recoveries, AutoSquared.ai co-founder Bahador Rahimi led a conversation that included lenders, forwarders and agents. The group exchanged ideas about how industry firms can smooth the bottlenecks ... Listen Here
Wednesday, Jan. 28, 2026, 07:16 PM
Outstanding Auto Loans at Highest Point in 5 Years
Monday, Dec. 15, 2014, 04:13 PM
SubPrime Auto Finance News Staff
According to the latest Equifax National Consumer Credit Trends Report, the total number of outstanding auto loans year-to-date in November came in at more than 70.0 million, the highest level in more than five years. That amount of paper in ... [Read More]
FTC Says 2 Dealer Groups Broke Consent Orders
Monday, Dec. 15, 2014, 04:11 PM
SubPrime Auto Finance News Staff
The Federal Trade Commission penalized a pair of dealership groups for violations of a previous consent order regarding advertising the cost of buying or leasing a vehicle. Part of the consent orders established in March 2012 indicated FTC officials could ... [Read More]
Resource Hub
Best Practices, Ideas, and Tools for Business
Used Car Turn Vendor Management Checklist
Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
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Credit Acceptance Subpoenaed by Justice Department
Friday, Dec. 12, 2014, 09:35 PM
SubPrime Auto Finance News Staff
Another day, another finance company acknowledges it has received a subpoena from the U.S. Department of Justice. Credit Acceptance Corp. posted a filing with the Securities and Exchange Commission late on Friday stating the company that specializes in subprime auto ... [Read More]
Report: 6 Finance Companies Subpoenaed in NY
Friday, Dec. 12, 2014, 04:17 PM
SubPrime Auto Finance News Staff
Regulatory investigations of auto finance companies are piling up as now reportedly the New York Department of Financial Services is joining the fray. An online report citing an anonymous source indicated New York state’s financial services regulator subpoenaed the captive ... [Read More]
Chernek Consulting Revamps F&I Training Website
Friday, Dec. 12, 2014, 04:12 PM
SubPrime Auto Finance News Staff
F&I trainer Rebecca Chernek of Chernek Consulting is rolling out a completely revamped training website aimed at giving dealership financing staff the tools needed to close this year strong and to get 2015 off to a better start. Consulting Virtual ... [Read More]
CarMax Auto Finance Leadership Succession Plan
Friday, Dec. 12, 2014, 04:09 PM
SubPrime Auto Finance News Staff
CarMax this week announced its leadership transition plan for CarMax Auto Finance, since Angie Chattin — a member of this year’s Women in Remarketing class — is retiring. Promoted to senior vice president and president of CAF is Jon Daniels, ... [Read More]
New-Car Buyers Spent an Extra $1.4B in November
Friday, Dec. 12, 2014, 04:06 PM
SubPrime Auto Finance News Staff
Extending the contract term length by 12 months meant consumers spent an extra $1.4 billion on new vehicles in November. That’s the calculation by Requisite Press, which also shared its November Auto Buyer’s Affordability Index (ABAI) this week. Requisite Press ... [Read More]
Ally Enhances Mobile & Online Tools to Improve Consumer Experience
Wednesday, Dec. 10, 2014, 04:48 PM
SubPrime Auto Finance News Staff
Ally Financial this week rolled out several new tools designed to make it faster and easier for consumers to manage their accounts and make payments via mobile devices and gain faster customer service access while online. The tools include the ... [Read More]
EFG Shares 4 Predictions for 2015
Wednesday, Dec. 10, 2014, 04:47 PM
SubPrime Auto Finance News Staff
EFG Companies offered four predictions and recommendations for the automotive lending and F&I market, formed through thousands of conversations with the nation’s leading automotive financial and insurance experts. Steve Klees, senior vice president of specialty channels for EFG, indicated these ... [Read More]
AFSA Identifies 7 Objections with CFPB Rule Proposal
Wednesday, Dec. 10, 2014, 04:44 PM
SubPrime Auto Finance News Staff
Among the seven specific objections the American Financial Services Association made known to the Consumer Financial Protection Bureau, the organization concluded the threshold to determine what regulators consider to be a larger participant in auto financing should be raised significantly. ... [Read More]
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