Time dwindling to submit public comments about House’s major CFPB reform proposal
Wednesday, Aug. 12, 2026, 11:19 AM
F&I Sentinel, Global Lending Services, CHAMP again among Inc. 5000
Wednesday, Aug. 12, 2026, 11:13 AM
Cox Automotive: Subprime share decreases again in July, as loan terms stay at all-time high
Tuesday, Aug. 11, 2026, 10:16 AM
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
PayNearMe chief product officer John Minor on intersection of payments & technology
PayNearMe recently shared new search, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about ... Listen Here
Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
AWARE Highlights How Teens’ Quest for First Car Can Be Educational Opportunity
Nick Zulovich
WASHINGTON, D.C. — With August straight ahead and back-to-school campaigns for clothes and more about to intensify, Americans Well-informed on Automobile Retailing Economics urged parents to provide guidance and support so teenagers can take an active role in selecting a ... [Read More]
GM Financial’s Q2 Earnings and Originations Rise as Subprime Foothold Strengthens
Nick Zulovich
FORT WORTH, Texas — General Motors Financial posted year-over-year gains in quarterly earnings and loan originations as company executives highlighted how they helped the parent automaker maintain its "industry leading leadership" for subprime loan penetration. GM Financial indicated the OEM ... [Read More]
Colorado BHPH Store Flourishes with 9.99 APR Contracts
Nick Zulovich
GREELEY, Colo. — Many buy-here, pay-here dealerships originate contracts with interest rates at 20 percent and higher. It's one of the reasons why store managers in California cheered a year ago when the governor vetoed a measure that would have ... [Read More]
Site Names ‘5 Cheap, Stylish Cars for Subprime Borrowers’
Nick Zulovich
LOS ANGELES — Analysts from GoBankingRates.com recently created a list of new vehicles recommended for subprime buyers. Headlining the list of "5 Cheap, Stylish Cars for Subprime Borrowers" was the Toyota Corolla. The site went with this model because of ... [Read More]
Fed Officials Ask Lenders to Be Helpful as Student Loan Amounts Continue to Climb
Nick Zulovich
CHICAGO and WASHINGTON, D.C. — Finance managers trying to finalize that vehicle contract for a new college graduate might continue to have trouble getting that debt-to-income ratio at a point where the paper is purchased by a finance company. A ... [Read More]
Asbury, Sonic, Lithia and Group 1 Evaluate Latest CFPB Effect on Lender Relationships
Nick Zulovich
CARY, N.C. — Of the four public dealer groups that conducted conference calls this week to discuss second-quarter results, only one shared details about noticeable changes regarding relationships with lenders as heightened regulation comes from the Consumer Financial Protection Bureau. ... [Read More]
Former SEC Attorney Raises Concerns About Potential CFPB Data Breach
Nick Zulovich
ARLINGTON, Va. — Concerns about the volume of credit data gathered by the Consumer Financial Protection Bureau along with potential that information could be compromised were raised again by a former staff attorney at the Securities and Exchange Commission, who ... [Read More]
VINtek Assists with Successful Electronic Lien and Title Legislation in Nevada
Nick Zulovich
PHILADELPHIA — VINtek recently reported that the company assisted with the passage of electronic lien and title (ELT) legislation in Nevada, which has been signed into law by Gov. Brian Sandoval. The company explained ELT replaces paper automotive liens with ... [Read More]
Leedom Gearing Up for Next Round of BHPH Training
Nick Zulovich
SARASOTA, Fla. — Leedom and Associates is a month away from its next round of training sessions for buy-here, pay-here dealers, focusing on helping managers both sell vehicles and maintain collections. Leedom executive vice president and senior partner Chuck Bonanno ... [Read More]
RDN Rolls Out Compliance Dashboard and Automation Center to Monitor Performance & Compliance
Nick Zulovich
REDWOOD CITY, Calif. — Recovery Database Network recently introduced its Compliance Dashboard and Automation Center, a tool aimed at providing lenders with a visually dynamic way to easily assess key recovery performance data and monitor recovery vendor compliance with performance ... [Read More]
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