Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

Enterprise Drives $483M in Loan Volume to Credit Unions

EnterpriseCarSales for SPN
SubPrime Auto Finance News Staff
Enterprise Car Sales generated a record $483 million in loan volume to more than 28,000 credit union members during 2014. Enterprise Car Sales is a service of Enterprise Rent-A-Car, the largest rental car brand in North America, and specializes in ... [Read More]

Used Financing Penetration Rate Hits New High

sales agreement 3
SubPrime Auto Finance News Staff
In what should be good news for dealership F&I personnel and finance company portfolio managers, Experian Automotive reported that consumers are relying on financing more than ever to buy their next vehicle. According to its latest State of the Automotive ... [Read More]

CreditMiner Partners with Credit Bureau Connection

partnership puzzle
SubPrime Auto Finance News Staff
CreditMiner, a solution provider that supplies the technology and ability to pre-qualify and pre-screen automotive consumers on Experian, TransUnion and Equifax credit bureau platforms, created a new partnership this week with Credit Bureau Connection. Officials highlighted the integration within the ... [Read More]

GWC Warranty Passes $350M in Claims Paid

money car
SubPrime Auto Finance News Staff
GWC Warranty, a provider of vehicle service contracts and related finance and insurance products sold through dealers, successfully topped $350 million in claims paid to date, according to a company announcement posted this week. President and chief executive officer Rob ... [Read More]

Springleaf Buys OneMain for $4.25B

money 2
SubPrime Auto Finance News Staff
What reportedly was in the works about a week ago came to fruition today as Citigroup announced that it has reached a definitive agreement to sell OneMain Financial Holdings to Springleaf Holdings for a purchase price of $4.25 billion in ... [Read More]

Why Portfolios Need More Than Annual Checkups

analysis pic
Nick Zulovich, Editor
Think about what you might complete on an annual basis. A family reunion? Your personal income tax filing? A visit with your primary care physician? While perhaps a routine check-up or reconnecting with distant cousins can be successfully accomplished once ... [Read More]

Report: Wells Fargo Capping Subprime Originations

newspaper 2
SubPrime Auto Finance News Staff
A report surfacing this past weekend indicated that Wells Fargo is capping how much subprime auto paper is going to fill its portfolio going forward. The New York Times reported Wells Fargo has decided to cap its subprime originations at ... [Read More]

700Credit Partners with High Performance Credit Systems

credit report
SubPrime Auto Finance News Staff
Officials from 700Credit recently formed an integration partnership with High Performance Credit Systems (HPCS) to create a solution for interactive, subprime credit decisions. The companies explained the agreement will allow 700Credit dealers access to a fast, accurate, and compliant deal ... [Read More]

2 More Captives Now Offer Free Credit Scores

credit score image
SubPrime Auto Finance News Staff
As the Consumer Financial Protection Bureau calls on financial services companies of all kinds to provide more free access to consumer credit scores, Hyundai Capital America expanded its partnership with FICO this week. Officials from Hyundai Motor Finance and Kia ... [Read More]

Lease Approvals Bounce Back Despite Some Subprime Drag

leasing
SubPrime Auto Finance News Staff
Despite site executives still taking a cautious approach about the impact subprime applicants and millennials carrying student loan debt, Swapalease.com highlighted lease credit approvals for January started out on a high note. Swapalease.com reported approvals finishing at 75.0 percent for ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X