AFSA & NIADA welcome halt of discretionary publication of complaint narratives & visualizations by CFPB
Monday, Aug. 17, 2026, 10:34 AM
Edmunds on depth of ‘The Vanishing Affordable Used Car’
Tuesday, Aug. 18, 2026, 10:17 AM
PODCAST: Additional insight into FTC’s move involving disparate impact from Hudson Cook
Tuesday, Aug. 18, 2026, 09:25 AM
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
Praxis Finance Secures $100M in Capital
SubPrime Auto Finance News Staff
Two former top executives at Exeter Finance secured a nine-figure amount of capital for their new venture — Praxis Finance. Founded by auto finance veterans Daniel Parry and Steve Moses, Praxis on Friday finalized the closing of an investment partnership ... [Read More]
Got 20 Minutes? Ally Has a Training Class for You
SubPrime Auto Finance News Staff
If store managers and personnel can find 20 minutes in their schedule, they can take advantage of some of the added new training courses Ally Financial integrated into its Performance Development Center this week. In hopes of further expanding the ... [Read More]
Survey: 92% of Dealers Recommend EFG Companies
SubPrime Auto Finance News Staff
EFG Companies claims the results of its most recent dealer services client satisfaction study released this week show the company scored higher than outfits such as Apple iPhone, Southwest Airlines, USAA Banking and Insurance, and Nordstrom. Among the key findings, ... [Read More]
NextGear Capital Promotes Exec to VP of Finance
SubPrime Auto Finance News Staff
NextGear Capital appointed Adam Galema to the role of vice president of finance this week. In this role, Galema will lead the company's treasury, accounting, and financial planning and analysis (FP&A) teams while helping ensure NextGear Capital is positioned properly ... [Read More]
BillingTree Opens Annual Payments Survey
SubPrime Auto Finance News Staff
BillingTree opened its annual ARM Industry Operations, Technology & Payments Survey this week, marking the third consecutive year the company has underwritten the survey before publishing and distributing the results each spring. The survey is directed toward collection agency owners ... [Read More]
ABA Economist Notes What 1-Cent Drop at the Pump Means
SubPrime Auto Finance News Staff
Auto loan performance helped overall delinquencies to continue to decline in last year’s third quarter, according to results from the American Bankers Association’s Consumer Credit Delinquency Bulletin. But what might delight finance companies even more is how optimistic ABA chief economist ... [Read More]
Exeter Completes Launch of Revamped Originations Platform
SubPrime Auto Finance News Staff
Exeter Finance Corp. completed the launch of its new originations platform this week; a process the company insisted can reduce the typical decision time to under 15 seconds. Additionally, Exeter highlighted that it is now able to restructure the loans ... [Read More]
CreditMiner Adds Equifax to Soft Bureau Data Portfolio
SubPrime Auto Finance News Staff
CreditMiner recently reached an agreement with Equifax to give the credit inquiry tool access to the Prescreen of One service, an Equifax solution for individual, real-time prescreens that can help consumers by letting them know they are qualified for financing and enhance ... [Read More]
Obama Touts Ally’s Choice to Make FICO Scores Available to Auto Customers
SubPrime Auto Finance News Staff
President Obama highlighted the move made by Ally Financial on Monday to offer its auto finance customers free access to their FICO score as a means to better understand their credit health. Obama mentioned the development during an event at ... [Read More]
Why Webb Is So High On Current State of Financing
Nick Zulovich, Editor
The availability of financing coupled with family budget influencers such as softening gas prices prompted Manheim chief economist Tom Webb to say the following about the auto finance landscape — especially in relation to the subprime segment: “It doesn’t get ... [Read More]
X