Affordability leads latest TransUnion study & AFSA event dialogue
Tuesday, Feb. 3, 2026, 10:25 AM
Santander Q4 survey shows ongoing optimism of middle-income Americans who see value of used cars
Monday, Feb. 2, 2026, 10:24 AM
Challenge Financial Services hires former UACC exec, acquires $21M portfolio
Monday, Feb. 2, 2026, 10:21 AM
The real cost of inaction when it comes to transport fraud
Listen Here
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
Study Shows Depth of Debt for Consumers Below Age 29
Friday, Oct. 10, 2014, 03:02 PM
SubPrime Auto Finance News Staff
This week, TransUnion took a different look at what kind of debt consumers are carrying nowadays. The new TransUnion study found that the consumer loan wallet — the composition of loans that people typically carry — has materially changed for ... [Read More]
Subprime Applicants ‘Muddying’ Lease Approvals
Friday, Oct. 10, 2014, 02:58 PM
SubPrime Auto Finance News Staff
While in the installment contract space subprime financing is at levels not seen since 2006, Swapalease.com is finding that an influx of subprime consumers applying to the leasing sector is “muddying the approval waters a bit.” Site analysts reported their ... [Read More]
Ally Financial & BraunAbility Expand Relationship with New Finance Program
Wednesday, Oct. 8, 2014, 03:49 PM
SubPrime Auto Finance News Staff
BraunAbility chose to extend its relationship with Ally Financial by launching a new financing program this week that is dedicated to providing the best customer experience for individuals looking to finance a mobility vehicle. Officials highlighted this new program, BraunAbility ... [Read More]
Zurich’s Vance Earns AFIP Master Certification
Wednesday, Oct. 8, 2014, 03:41 PM
SubPrime Auto Finance News Staff
The Association of Finance and Insurance Professionals (AFIP) announced Brian Vance, the regional F&I manager in the Midwest office of Zurich North America, earned his master certification at an AFIP Certification Boot Camp in Overland Park, Kan., this summer. Vance ... [Read More]
NADA Reiterates Plan to Quell CFPB Fair Credit Concerns
Wednesday, Oct. 8, 2014, 03:39 PM
SubPrime Auto Finance News Staff
National Automobile Dealers Association chairman Forrest McConnell reiterated his arguments this week against points made by federal regulators, especially the Consumer Financial Protection Bureau. McConnell emphasized in remarks to the Automotive Press Association in Detroit that dealers compete fiercely against ... [Read More]
New Subprime Loan Originations Hit 8-Year High
Wednesday, Oct. 8, 2014, 03:33 PM
Nick Zulovich, Editor
Equifax reported the total balance of newly originated subprime auto loans stood at $70.7 billion in August, a level representing an eight-year high and 27.8 percent of the total balance of new auto loans. That’s a slight increase in share ... [Read More]
Chernek: How Dealers Can Navigate the Subprime Crossroads
Monday, Oct. 6, 2014, 03:12 PM
Rebecca Chernek, Chernek Consulting
According to the credit reporting agencies, roughly 56 percent of Americans have what can be categorized as nonprime to subprime credit. A recent Equifax report indicated that only 44 percent of Gen Y customers have prime credit, while the rest ... [Read More]
DriveItNow Highlights 6 Features of Finance Tool for Dealer Websites
Monday, Oct. 6, 2014, 03:00 PM
SubPrime Auto Finance News Staff
Pre-qualified monthly payment marketing technology provider DriveItNow now offers dealer website hosts a comprehensive and compliant credit services solution for their customers. Officials highlighted the six major capabilities of this solution — DriveItNow’s Credit Center. The company explained that since ... [Read More]
AFSA Adds 4 New Members to Board of Directors
Monday, Oct. 6, 2014, 02:55 PM
SubPrime Auto Finance News Staff
Along with welcoming three replacements, the American Financial Services Association added four new members to its board of directors. Joining the organization in this capacity are: — James “Tom” Hudgins, president and chief operating officer, Western-Shamrock Corp. — Pat St. ... [Read More]
StoneEagle, JM&A Group Finalize Strategic Alliance
Monday, Oct. 6, 2014, 02:53 PM
SubPrime Auto Finance News Staff
StoneEagle recently reported JM&A Group, a provider of F&I products and robust training and compliance programs, implemented the SEcureMetrics F&I and sales reporting platform with more than 1,000 of its performing dealerships. The companies highlighted SEcureMetrics can deliver comprehensive insight ... [Read More]
X