How much revenue is slipping through the cracks in your digital sales process? Our latest guide reveals the most common...
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Loan extensions keep climbing as repo agents now seeing ramifications
Thursday, Apr. 23, 2026, 10:24 AM
4 attorneys decipher developments since FTC sent letters to dealers nationwide
Friday, Apr. 24, 2026, 10:51 AM
VantageScore spots ‘subtle migration’ of consumers toward lower credit tiers in March
Monday, Apr. 27, 2026, 10:37 AM
FICO’s Shams Blanc on lenders sharpening underwriting & more
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here
Wednesday, Apr. 29, 2026, 03:54 PM
Byron Oldham of Honest Autos & FIADA
Byron Oldham is president of the family-owned Honest Autos dealership and is president of the board at the Florida Independent Automobile Dealers Association. In this episode, Oldham talks with Cherokee Media Group senior editor Joe Overby about the upcoming Southeast ... Listen Here
Monday, Apr. 27, 2026, 07:47 PM
Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’
Kathi Kruse, the Automotive CFO-To-Go who brings her financial expertise — born through years of experience as a dealership chief financial officer — to dealers needing help in that area, is back on the Auto Remarketing Podcast. In this episode, ... Listen Here
Sunday, Apr. 19, 2026, 04:27 AM
KeyPoint Credit Union tailors new auto-finance program for ITIN holders
Friday, Oct. 25, 2024, 10:40 AM
SubPrime Auto Finance News Staff
This week, KeyPoint Credit Union — an institution based in Silicon Valley — launched an auto financing program specifically designed for individual taxpayer identification number (ITIN) holders. According to the Internal Revenue Service, an ITIN is a tax processing number ... [Read More]
CFPB finalizes Personal Financial Data Rights Rule
Wednesday, Oct. 23, 2024, 10:45 AM
SubPrime Auto Finance News Staff
On Tuesday, the Consumer Financial Protection Bureau (CFPB) finalized a rule the regulator said will give consumers greater rights, privacy, and security over their personal financial data. The bureau said the Personal Financial Data Rights Rule requires financial institutions, credit ... [Read More]
Resource Hub
Best Practices, Ideas, and Tools for Business
Loan Origination Automation Guidelines for Modern Lenders
Lenders are under pressure to move faster, handle higher volumes, and reduce manual tasks. Automation can help, but only if...
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Turn Service Visits Into Sales Growth: A GM’s Checklist
Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
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Where interest rates might be by the end of 2025
Tuesday, Oct. 22, 2024, 10:29 AM
SubPrime Auto Finance News Staff
The federal funds rate set by the Federal Reserve currently sits at 4.75% to 5.00% after policymakers reduced it by 50 basis points in September. Last week during a public appearance at Stanford University, Fed governor Christopher Waller said he ... [Read More]
TransUnion: 62% of US adults earn money via gig economy
Monday, Oct. 21, 2024, 10:59 AM
SubPrime Auto Finance News Staff
Your underwriting department might be seeing more applicants who list their primary sources of income coming through services such as Uber or DoorDash. TransUnion wanted to get more clarity about these workers to help finance companies and other service providers. ... [Read More]
Chase sends $1M to On The Road Lending
Friday, Oct. 18, 2024, 10:11 AM
SubPrime Auto Finance News Staff
Chase is leveraging the power of transportation to help more people near Dallas and beyond. Last week, Chase announced a $1 million investment in Dallas-based On The Road Lending to get more people behind the wheel so they can earn ... [Read More]
New York Fed & LegalShield notice more strain on consumer finances
Thursday, Oct. 17, 2024, 10:31 AM
SubPrime Auto Finance News Staff
The more researchers examine the current state of household finances, the more they’re uncovering plenty of negative trends. The two newest developments surfaced this week from The Federal Reserve Bank of New York’s Center for Microeconomic Data and the LegalShield ... [Read More]
Team-first approach cultivated in the Marines propels Messiha to be Loss Mitigation Executive of the Year
Wednesday, Oct. 16, 2024, 01:39 PM
Nick Zulovich, Senior Editor
The U.S. Marine Corp. might not be an official training institution for the auto-finance industry. But John Messiha used it nicely to become an executive with Bank of America, Capital One, Goldman Sachs, Uber and Bridgecrest Acceptance. “The first goal ... [Read More]
Agora Data finalizes $12M deal with Road Auto Finance
Wednesday, Oct. 16, 2024, 10:39 AM
SubPrime Auto Finance News Staff
Agora Data announced on Tuesday that it has closed a $12 million transaction for Road Auto Finance, an indirect auto finance company. The capital solutions and advanced performance analytics provider for the subprime to non-prime market called the development a ... [Read More]
Five straight months of credit tightening for auto finance stops in September
Wednesday, Oct. 16, 2024, 10:36 AM
SubPrime Auto Finance News Staff
While Edmunds detailed the swelling of negative equity, Cox Automotive noticed credit access loosened to close the third quarter. The Dealertrack Credit Availability Index came in at 92.8 in September, representing a 0.4% improvement from August and stopping a streak ... [Read More]
Edmunds: Average negative equity surges in Q3 to all-time high
Tuesday, Oct. 15, 2024, 10:24 AM
SubPrime Auto Finance News Staff
In March, Edmunds said “negative equity is rearing its ugly head.” After looking at its third-quarter data that showed average negative equity hitting an all-time high, Edmunds acknowledged on Tuesday that the trend now is “nothing short of alarming.” Edmunds ... [Read More]
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