July VantageScore report notes stability in auto delinquency & overall scores
Friday, Aug. 28, 2026, 11:00 AM
Experian sees refinancing continue to ripen in Q2
Thursday, Aug. 27, 2026, 11:01 AM
Even as F&I profits remain ahead of year-ago pace, JM&A Group reminds dealers to reinforce finance office personnel
Wednesday, Aug. 26, 2026, 10:57 AM
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here
AFC Promotes Exec to Oversee West Division
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
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
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
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
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
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
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]
Experian: Outstanding Balances Hit $886B With Subprime Share Softening
SubPrime Auto Finance News Staff
Experian Automotive found that the total outstanding balance on open automotive loans hit an all-time high during the fourth quarter, but subprime contracts constituted a smaller part of the figure. That all-time high figure climbed to $886 billion. But according ... [Read More]
How Subprime Loans Enhance Scores by More Than 50 Points
SubPrime Auto Finance News Staff
The latest Equifax analysis of the subprime auto finance industry triggered memories of when auto finance leader Lou Loquasto first began his professional career. Not only did Equifax call the subprime auto space “sound,” but analysts also found data that clearly ... [Read More]
3 Modules of Chernek Consulting Virtual Pro
SubPrime Auto Finance News Staff
Chernek Consulting president Rebecca Chernek and SubPrime Auto Finance News contributor recently launched her consulting firm’s interactive online F&I training program, Chernek Consulting Virtual Pro. Chernek highlighted the program’s three modules — F&I Basics, Off-Prime Customers & Financing and How ... [Read More]
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