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
Apps Now Available for SubPrime’s Digital Magazine
Nick Zulovich
CARY, N.C. — SubPrime Auto Finance News not only has a digital magazine, the publication now has apps so you can download, read and share the new offering more easily. The apps are available to use on your iPhone, iPad, ... [Read More]
Webb: Used Retail Sales to Establish All-Time High by 2015
Nick Zulovich
ATLANTA — Manheim economist Tom Webb said it's "quite easy and quite logical to assume" that used-vehicle retail sales will hit an all-time high before 2015. Webb backed up his projection by highlighting how used-vehicle retail sales during the first ... [Read More]
Despite Great Used Sales Month, Survey Shows Saving Is a Top Plan for Tax Refunds
Nick Zulovich
SAN ANTONIO and BANDON, Ore. — While CNW Research found the used-vehicle industry produced its best March sales performance since 2002, a USAA survey showed the majority of younger potential car buyers might not be spending their tax refund at ... [Read More]
Car-Mart and CarHop Ramp up Tax Season Efforts with More Locations
Nick Zulovich
BENTONVILLE, Ark., and EDINA, Minn. — With tax season in full swing, buy-here, pay-here dealership chains America's Car-Mart and CarHop added more locations. In fact, Car-Mart opened two lots — one in Florence, Ala., and the other in Kirksville, Mo. ... [Read More]
Mini Launches eContracting at NJ Dealership
Nick Zulovich
WOODCLIFF LAKE, N.J. — A New Jersey dealership is the first store to start the nationwide launch of eContracting by Mini Financial Services, a division of BMW Group Financial Services. The captive is launching the solution at Prestige Mini in ... [Read More]
ABI: Q1 Bankruptcies Drop 16 Percent Year-Over-Year
Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute said total bankruptcy filings in the United States decreased 16 percent year-over-year during the first quarter. According to data provided by Epiq Systems, bankruptcy filings totaled 263,516 in the first quarter, down from ... [Read More]
ABA Delinquency Bulletin: Indirect Auto Loans Performed Better in Q4
Nick Zulovich
WASHINGTON, D.C. — While bank card delinquencies fell to levels not seen since the third quarter of 1994, the American Bankers Association's latest Consumer Credit Delinquency Bulletin showed mixed movements in the auto finance space. ABA found that fourth quarter ... [Read More]
GM Financial Finalizes Purchase of Most International Units from Ally Financial
Nick Zulovich
DETROIT and FORT WORTH, Texas — General Motors Financial announced this week that it has completed the acquisition of equity interests in the top-level holding companies that comprise substantially all of Ally Financial's auto finance and financial services business in ... [Read More]
CarFinance Capital Renews and Increases Credit Facility to $300 Million
Nick Zulovich
IRVINE, Calif. — CarFinance Capital renewed and increased its warehouse credit facility this week from $200 to $300 million. Officials highlighted the increased credit line — which is being provided by Deutsche Bank and Credit Suisse — further bolsters the ... [Read More]
Peritus Portfolio Services Reaches Agreement with SteadyPay Payment Solutions
Nick Zulovich
LOUISVILLE, Ky. — Peritus Portfolio Services recently signed a multi-year agreement to offer SteadyPay Payment Solutions services to its customers who often purchase vehicles at buy-here, pay-here dealerships. Officials explained SteadyPay offers automatic bill payment via payroll deduction. Peritus' customers ... [Read More]
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