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Appetite for used commercial vehicles with Kathryn Schifferle of Work Truck Solutions
Friday, Jan. 16, 2026, 05:37 PM
Work Truck Solutions founder Kathryn Schifferle appeared on the Live Stage presented by SYCN Auto Logistics during Used Car Week 2025. Schifferle discussed key trends driving demand for used work trucks and vans with Cherokee Media Group’s Joe Overby. The ... Listen Here
What might be next for Amazon Autos
Thursday, Jan. 15, 2026, 03:52 PM
Cherokee Media Group’s Bill Zadeits hosted a fireside chat with Fan Jin, global leader of Amazon Autos, during Used Car Week 2025. Their wide-ranging conversation about the past, present and future of the online platform and its involvement with automakers ... Listen Here
Auto-finance leaders on growth, risk & recovery
Thursday, Jan. 15, 2026, 03:07 PM
It’s a question any business must answer, but it’s especially important in auto finance. How do you balance growth and risk? A trio of industry executives — Mike Goins of TD Bank, Jeff Marsh of Millennium Capital and Recovery and ... Listen Here

Obra Capital buys out Solera Auto Finance

Tuesday, Aug. 13, 2024, 11:53 AM
SubPrime Auto Finance News Staff
Solera Auto Finance has new owners and branding. Obra Capital, an asset management firm with a specialized approach to alternative investing, on Tuesday announced a buyout of the finance company from Solera Corp. First launched at NADA Show 2022, Obra ... [Read More]

TransUnion spots another quarterly decline in subprime auto

Monday, Aug. 12, 2024, 11:11 AM
SubPrime Auto Finance News Staff
Auto finance originations are down, personal loan balances sit at a record high, and consumers of all credit tiers are antsy for an interest-rate reprieve from the Federal Reserve. Those findings are the primary highlights of Q2 2024 Quarterly Credit ... [Read More]

Latest 700Credit alliance is with Fuse Autotech

partnership gears
Friday, Aug. 9, 2024, 09:40 AM
SubPrime Auto Finance News Staff
Another alliance involving 700Credit surfaced this week to help dealerships digitize their car sales, enabling their teams to retail and finance cars more efficiently. The latest move by the provider of credit reports, compliance solutions, soft pull, identity verification and ... [Read More]

FTC lawsuit results in $12M penalty, end of operations for credit-repair company  

FTC outlines 3 goals for improved digital economy
Friday, Aug. 9, 2024, 09:35 AM
SubPrime Auto Finance News Staff
Subprime auto finance companies often tout that an ancillary benefit of providing financing to consumers with soft credit histories is it can be a path to resuscitating an individual’s credit profile through on-time payments. This week, the Federal Trade Commission ... [Read More]

Ally tops J.D. Power’s dealer financing rankings in subprime for fourth straight year

Thursday, Aug. 8, 2024, 10:34 AM
SubPrime Auto Finance News Staff
Ally Financial, Chase Automotive Finance and Capital One Auto Finance finished in the top three and above the average segment score among non-captive subprime auto finance companies ranked in the J.D. Power 2024 U.S. Dealer Financing Satisfaction Study released on ... [Read More]

9 regulators propose rule to standardize data submitted to federal financial agencies

Wednesday, Aug. 7, 2024, 02:53 PM
SubPrime Auto Finance News Staff
Last week, the Consumer Financial Protection Bureau and eight other federal financial regulatory agencies announced a proposed rule to establish data standards for certain information collections submitted to financial regulatory agencies. Officials said the proposal would promote interoperability of financial ... [Read More]

OneMain Financial to leverage Pagaya Technologies for underwriting & more

LCT teams with AKUVO to streamline loan refunds
Wednesday, Aug. 7, 2024, 12:37 PM
SubPrime Auto Finance News Staff
Pagaya Technologies and OneMain Financial announced a new partnership on Tuesday with the goal of offering consumers responsible access to credit. Through this partnership, OneMain’s nonprime auto finance business will leverage Pagaya’s technology to support the company’s ability to serve ... [Read More]

SAFCO cites CFPB data to create rebranding initiative

Wednesday, Aug. 7, 2024, 12:36 PM
SubPrime Auto Finance News Staff
Southern Auto Finance Co. (SAFCO) used research from the Consumer Financial Protection Bureau to craft and deploy its rebranding initiative to expand credit access for all consumers, regardless of their credit history. The provider of subprime auto financing and other ... [Read More]

What’s the Sahm Rule? Are we already in a recession? 3 economists respond

Tuesday, Aug. 6, 2024, 10:57 AM
Nick Zulovich, Senior Editor
Last week, ADP Research Institute chief economist Nela Richardson said, “If inflation goes back up, it won’t be because of labor.” But the ongoing labor situation might be giving a clear indication the economy already is in a recession, potentially ... [Read More]

LegalShield’s Consumer Stress Legal Index dips in June

Monday, Aug. 5, 2024, 11:47 AM
SubPrime Auto Finance News Staff
While also extrapolating its data to make a presidential election prediction, LegalShield offered an update on its Consumer Stress Legal Index (CSLI), which dipped a bit in June. Based solely on consumer inquiries seeking legal assistance in June, LegalShield reported ... [Read More]
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