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
defi SOLUTIONS Clients Now Can Access Equifax Income and Employment Verifications
Monday, Sep. 15, 2014, 03:55 PM
SubPrime Auto Finance News Staff
Equifax announced that defi SOLUTIONS through its cloud-based loan origination system is now offering its automotive finance company clients access to income and employment verifications through The Work Number, a proprietary database of employment and income information owned by Workforce ... [Read More]
SunTrust Division Now Exclusive Financing Provider for KBB
Monday, Sep. 15, 2014, 03:51 PM
SubPrime Auto Finance News Staff
LightStream, a national online consumer lending division of SunTrust Bank became the exclusive online financing for Kelley Blue Book on Monday. Officials highlighted the LightStream AnythingLoan can provide KBB.com site visitors with simple online financing that can be used for ... [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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US House Proposes More Credit Reporting Regulations
Monday, Sep. 15, 2014, 03:48 PM
SubPrime Auto Finance News Staff
In light of the Consumer Financial Protection Bureau handing out stern enforcement actions connected with credit bureau reporting, the ranking member of the U.S. House Financial Services Committee now is joining the regulatory fray. As the chairman-elect of the American ... [Read More]
Researcher: CFPB Lacks Authority to Publish Complaints
Monday, Sep. 15, 2014, 03:46 PM
SubPrime Auto Finance News Staff
A George Mason University researcher and Yale School of Law graduate found three significant issues with the Consumer Financial Protection Bureau wanting to publish consumer complaint narratives online — including the CFPB lacking the authority to make such a move. ... [Read More]
Treasury Reduces Ally Stake to 13.8%
Friday, Sep. 12, 2014, 05:46 PM
SubPrime Auto Finance News Staff
The U.S. Department of the Treasury’s ownership in Ally Financial continues to shrink. Treasury officials on Friday announced the completion of the first pre-defined written trading plan for Ally common stock. Treasury said it sold 8,890,000 shares and recovered approximately ... [Read More]
Premier Warranty Hosts AFIP Certification Boot Camp
Friday, Sep. 12, 2014, 02:48 PM
SubPrime Auto Finance News Staff
Premier Warranty hosted an Association of Finance & Insurance Professionals certification boot camp for the sales and F&I personnel of its dealer clients in Arkansas, Louisiana and Texas this summer in Bossier City, La. Attendees represented 10 dealerships operated by ... [Read More]
Santander Chairman Passes Away Unexpectedly
Friday, Sep. 12, 2014, 02:45 PM
SubPrime Auto Finance News Staff
It’s been an emotional week for Banco Santander and Santander Consumer USA leaders both in Europe and the U.S. Chairman Emilio Botín unexpectedly passed away on Tuesday, and a day later the bank’s board of directors of unanimously agreed to ... [Read More]
Less-Seasoned Loans Push Average Debt Levels Higher
Friday, Sep. 12, 2014, 02:36 PM
Nick Zulovich, Editor
Make it 13 quarters in a row during which the average amount consumers had remaining on their vehicle installment contract moved higher year-over-year. TransUnion's Industry Insights Report indicated that auto loan debt per borrower jumped 4.1 percent from $16,410 in ... [Read More]
Auto Affordability Questioned As Job Growth Slows
Wednesday, Sep. 10, 2014, 03:37 PM
SubPrime Auto Finance News Staff
Despite Comerica Bank saying the latest economic trends might be better than the raw numbers indicate, Requisite Press insisted when it released its August Auto Buyer's Affordability Index (ABAI) on Wednesday that a growing economy is “simply not” enough to ... [Read More]
Used-Value Decline Not Expected to Hurt Auto Lease ABS
Wednesday, Sep. 10, 2014, 03:34 PM
SubPrime Auto Finance News Staff
Fitch Ratings asserted that U.S. auto lease ABS will continue to perform within expectations, and ratings will be stable even though analysts understand that used-vehicle values will continue to decline moderately from their recent “untenable” highs. Fitch also projected that ... [Read More]
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