LendingTree spots states with most and least consumers carrying $1,000 car payments
Monday, Jul. 20, 2026, 10:46 AM
Acting CFPB director defends changes to ‘out-of-control’ agency during Congressional hearings
Friday, Jul. 17, 2026, 10:55 AM
Edmunds pinpoints top 20 trades with negative equity in Q2
Thursday, Jul. 16, 2026, 10:11 AM
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Thursday, Jul. 16, 2026, 02:46 PM
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Tuesday, Jun. 30, 2026, 10:53 AM
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here
Monday, Jun. 29, 2026, 03:44 PM
KeyBanc Survey: F&I Grosses Help to Make Up for Used Struggles
Monday, Jul. 21, 2014, 03:45 PM
SubPrime Auto Finance News Staff
The June dealer survey by KeyBanc Capital Markets showed stores utilized growth in F&I gross profit per unit during the second quarter to overcome mixed results in gross profit per used vehicle sold. KeyBanc reported that 57 percent of respondents ... [Read More]
Westlake Closes $320M ABS Offer
Friday, Jul. 18, 2014, 03:37 PM
SubPrime Auto Finance News Staff
Westlake Financial Services announced this week that it closed its fifth term asset backed securitization (ABS) on May 28 in a bond offering increased from $275 million to $321 million due to significant investor demand. The company highlighted five classes ... [Read More]
Dealertrack’s Henrick to Give Update on FTC Actions in Free Webinar
Friday, Jul. 18, 2014, 03:36 PM
SubPrime Auto Finance News Staff
During a free webinar set for Thursday, Dealertrack Technologies associate general counsel Randy Henrick plans to revisit a topic he’s often discussed with SubPrime Auto Finance News. Henrick will explain why he believes the Federal Trade Commission is intensifying its ... [Read More]
CFPB Wants More Consumer Complaint Info Out in Public
Friday, Jul. 18, 2014, 03:34 PM
SubPrime Auto Finance News
Back in March, Consumer Financial Protection Bureau director Richard Cordray referred to complaints as the agency’s “compass,” because these consumer statements “make a difference by informing our work and helping us identify and prioritize problems for potential action.” If policy ... [Read More]
Nicholas Financial Broadens South Florida Footprint
Wednesday, Jul. 16, 2014, 03:04 PM
SubPrime Auto Finance News
Nicholas Financial opened its sixth branch location in the south Florida area this week. The indirect special finance company that originates subprime loans with more than 1,600 dealers now has a branch location in Miami Lakes, Fla. The Nicholas Financial ... [Read More]
AFS Acceptance Hires Former Westlake Exec
Wednesday, Jul. 16, 2014, 03:02 PM
SubPrime Auto Finance News Staff
This week, AFS Acceptance hired a new vice president of risk management to oversee all aspects of portfolio management and play a key role in the originations and collections strategy for the company. Tapped for the role is former Westlake ... [Read More]
KBB Financing Survey Uncovers Opportunity to Educate Buyers
Wednesday, Jul. 16, 2014, 03:00 PM
Nick Zulovich, Editor
Kelley Blue Book’s Consumer Sentiment Survey from the first quarter showed 33 percent of study participants didn’t expect to finance a vehicle purchase, and another 30 percent weren’t sure. Rather than thinking finance companies are going to fight over just ... [Read More]
CFPB Clarifies Position on Same-Sex Married Couples
Monday, Jul. 14, 2014, 03:30 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau recently clarified its regulatory position to ensure the agency is aligned with last year’s Supreme Court decision regarding same-sex marriages. The bureau recapped the court struck down Section 3 of the Defense of Marriage Act ... [Read More]
SAFCo Taps ACI Worldwide for Electronic Bill Payment Solutions
Monday, Jul. 14, 2014, 03:29 PM
SubPrime Auto Finance News Staff
In an attempt to increase consumer convenience and reduce payment processing costs, Southern Auto Finance Company (SAFCo) recently selected the UP Bill Payment Solution from ACI Worldwide. Now, SAFCo customers will be able to pay their vehicle loans electronically on ... [Read More]
ABA Bulletin: Auto Delinquencies Mixed in Q1
Monday, Jul. 14, 2014, 03:27 PM
SubPrime Auto Finance News Staff
The American Bankers Association’s Consumer Credit Delinquency Bulletin showed mixed movements of consumers maintaining payments on their vehicle loans during the first quarter. Officials said that Q1 delinquencies associated with direct auto loans — financing arranged directly through a commercial ... [Read More]
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