6 top executive moves at APCO Holdings
Tuesday, Feb. 24, 2026, 10:08 AM
StoneEagle: PVR record in November among Q4 performances generated by dealer F&I departments
Wednesday, Feb. 25, 2026, 09:53 AM
CarMax & DOJ settle allegations of repossessing vehicles of active servicemembers
Wednesday, Feb. 25, 2026, 12:52 PM
Latest Stories
Dealer/consultant Luke Godwin discusses issues and opportunities facing dealers today
Luke Godwin has his finger on the pulse of the independent used-car dealer. For starters, he’s a dealer himself as owner of Godwin Motors in Columbia, S.C. He’s also a consultant working with independent dealers and a frequent speaker at ... Listen Here
Monday, Mar. 2, 2026, 10:07 PM
More insight into fraud at dealerships with Experian’s Jim Maguire
Experian senior director for automotive Jim Maguire made another appearance on the Auto Remarketing Podcast to recap findings from the company’s latest dealer survey that examined the impact of fraud at dealerships. Maguire then touched on the balance dealers and ... Listen Here
Thursday, Feb. 26, 2026, 03:55 PM
Cox Automotive on guiding the modern car buyer
One of the keynote presentations from Used Car Week 2025 featured Micah Tindor and Elizabeth Stegall of Cox Automotive for a session titled, “Guiding the Modern Buyer with Trust, Tech & Smarter Trade-Ins.” Valuable study findings and dealership recommendations now ... Listen Here
Tuesday, Feb. 17, 2026, 05:17 PM
CFPB Fines First Investors Financial Services Group $2.75M
Wednesday, Aug. 20, 2014, 07:15 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau announced on Wednesday that Texas-based First Investors Financial Services Group entered into a consent order because the regulator said the subprime finance company distorted consumer credit records for years. CFPB officials said First Investors failed ... [Read More]
Westlake Financial’s Receivables Hit $2 Billion
Wednesday, Aug. 20, 2014, 04:05 PM
SubPrime Auto Finance News Staff
Sparked by the best July in company history, Westlake Financial Services announced this week that it reached $2 billion in total receivables. Westlake’s portfolio now has that total receivables figure connected to more than 270,000 customer accounts. “Having a portfolio ... [Read More]
Lease Approvals Reach New High for Year Despite Subprime Drag
Wednesday, Aug. 20, 2014, 04:03 PM
SubPrime Auto Finance News Staff
Swapalease.com reported lease credit approvals during the month of July climbed to the highest monthly level of the year, reversing a trend that saw continuous decline since January largely due to an increase in the number of subprime credit applicants. ... [Read More]
New Moody’s Report, Execs’ Outlook Confirm Usual Subprime Cycle
Wednesday, Aug. 20, 2014, 04:00 PM
Nick Zulovich, Editor
Near-term predictions made this week by Moody's Investors Service fall in line with ongoing lending cycle points noticed by veteran finance company executives such as Credit Acceptance’s Brett Roberts and Brad Bradley of Consumer Portfolio Services. Moody’s analysts indicated in ... [Read More]
S&P/Experian: Auto Defaults Stay Flat in July
Wednesday, Aug. 20, 2014, 03:58 PM
SubPrime Auto Finance News Staff
The auto segment of the S&P/Experian Consumer Credit Default Indices stayed flat on a sequential basis in July. And analysts from S&P Dow Jones Indices and Experian highlighted July’s auto reading settled only four basis points above its historical low. ... [Read More]
Black Book Examines Impact Recalls Have on Portfolios
Tuesday, Aug. 19, 2014, 01:25 PM
Nick Zulovich, Editor
In light of more than 37 million vehicles being recalled so far this year, the team at Black Book Lender Solutions went to work considering the impact these campaigns are having on the auto finance industry. Analysts acknowledged the psychology ... [Read More]
AFSA Explains How TCPA Shouldn’t Be a ‘Trap’
Monday, Aug. 18, 2014, 03:49 PM
SubPrime Auto Finance News Staff
The American Financial Services Association responded to a petition asking that the Federal Communications Commission rule that finance companies are not liable when they call a wireless number for which they have prior express consent to call or text, but ... [Read More]
Nicholas Financial’s Q1 Originations Rise
Monday, Aug. 18, 2014, 03:47 PM
SubPrime Auto Finance News Staff
Nicholas Financial originated more subprime contracts during the first quarter of its fiscal year, but its net earnings softened by double digits. The number of contracts the company booked during the quarter came in at 4,244 for a total loan ... [Read More]
Report: 1 in 20 Consumers Have a Delinquent Credit Account
Monday, Aug. 18, 2014, 03:45 PM
SubPrime Auto Finance News Staff
Roughly one out of 20 people with a credit file — which constitutes about 5.3 percent of the U.S. consumer population — are at least 30 days late on a credit card or other non-mortgage account such as an auto ... [Read More]
TrueCar Unveils Program for NEA Members
Friday, Aug. 15, 2014, 03:41 PM
SubPrime Auto Finance News Staff
This week, TrueCar and the National Education Association (NEA) partnered to launch a vehicle-buying program designed to provide savings for NEA members and educators. Officials highlighted that through the NEA Auto Buying Program, the NEA's 3 million members will gain ... [Read More]
X