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

Subprime Workshop to Feature Chernek, Dealertrack & Equifax

training
SubPrime Auto Finance News Staff
Chernek Consulting will conduct a one-and-a-half-day workshop titled, “Auto Dealer Subprime Sales Success,” that will feature presentations by Dealertrack Technologies, Automotive Dealership Institute (ADI), Equifax and more. The training session is scheduled to begin on April 7 at the Marriott Hotel ... [Read More]

Q4 Subprime Delinquencies Move Up Only Marginally

graph concept 1
SubPrime Auto Finance News Staff
Along with describing how much millennials are fueling the ongoing auto finance resurgence, TransUnion’s latest report showed just a marginal uptick in subprime delinquency rates. TransUnion pegged the year-over-year subprime delinquency movement in the fourth quarter going from 5.72 percent ... [Read More]

DriverUp Launches Online Platform for Accredited Investors

money 1
SubPrime Auto Finance News Staff
DriverUp launched its new program this week that company officials are calling an “industry first” marketplace to give accredited investors an opportunity to enter the auto finance industry directly and provide dealers with an expedited, streamlined credit process.  DriverUp is ... [Read More]

AFC Promotes Exec to Oversee West Division

new hire 2
SubPrime Auto Finance News Staff
Automotive Finance Corp. promoted Johnny Shroyer to be vice president of operations for the floor plan company’s West division. AFC indicated Shroyer will report directly to Joe Keadle, senior vice president of operations. Shroyer, who joined AFC in 2010 as ... [Read More]

Bradley Confident in How CPS Can Answer Regulator Questions

regulation and compliance puzzle
Nick Zulovich, Editor
When Consumer Portfolio Services reported a year-end earnings per share increase of more than 35 percent, chairman and chief executive officer Brad Bradley not only highlighted that performance, but also how the company is preparing to answer questions from the ... [Read More]

Report: OneMain Financial Involved in Possible $4B Sale

news report stock photo
SubPrime Auto Finance News Staff
A Reuters report posted late last week indicated OneMain Financial might be sold to a subprime finance company that currently does not operate in the auto space. The report citing anonymous sources said Citigroup is in “advanced talks” to sell ... [Read More]

Metrolina Credit Expands into SC

greenville SC for SPN
SubPrime Auto Finance News Staff
Metrolina Credit Co., which specializes in subprime auto financing, recently opened its first branch outside of North Carolina. The newest addition to the company’s branch network of four full-service operations is located in Greenville, S.C.  The footprint growth also marks ... [Read More]

Industry Asks CFPB to Consider 3 Points of ‘Flawed’ Analysis

message delivered
SubPrime Auto Finance News Staff
Eight dealer, financial services and pro-business organizations delivered another strong message to the Consumer Financial Protection Bureau to address the bias and error found in the method the CFPB uses to determine whether unintentional disparate impact exists in an indirect ... [Read More]

FICO Enhances Relationships with TransUnion & Experian

business man with tablet
SubPrime Auto Finance News Staff
On the heels of FICO renewing an agreement with TransUnion, the predictive analytics and decision management software company announced this week that FICO Score 9 is available now at Experian for U.S. credit grantors to use for testing and validation. ... [Read More]

Northwood Senior Receives $1,000 AFIP Scholarship

AFIP Scholarship Presentation with Robertson, Cole and Bright for SPN
SubPrime Auto Finance News Staff
The Association of Finance & Insurance Professionals (AFIP) announced that Ryan Cole, a senior in the Automotive Marketing and Management program at Northwood University in Midland, Mich., was named the Jakob Murray Lange Memorial Scholarship winner for 2015. Officials indicated ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X