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
Credit availability eases again in October
SubPrime Auto Finance News Staff
The Dealertrack Credit Availability Index in October posted the largest month-over-month increase in auto credit access since March 2022. Cox Automotive reported this week that the index reading came in at 94.5 in October, up 2.2% from the September reading ... [Read More]
TransUnion: LTVs above 120% for used cars have doubled in past 3 years
SubPrime Auto Finance News Staff
Along with taking an overall look at monthly payments and delinquency, the auto portion of the Q3 2024 Quarterly Credit Industry Insights Report (CIIR) from TransUnion detailed a metric that might illustrate the callbacks, dialogue and negotiations that dealerships and ... [Read More]
FTC’s Holyoak discusses debt collection when recapping regulator’s activities to reduce fraud
SubPrime Auto Finance News Staff
Commissioner Melissa Holyoak represented the Federal Trade Commission last week at the Freedom from Fraud event presented to Utah’s Pacific-Islander community. After sharing what she called “sobering statistics,” Holyoak delved into multiple ways the FTC tries to curb fraud, drilling ... [Read More]
Experts give auto-finance outlook after another Fed rate cut & Trump election victory
Nick Zulovich, Senior Editor
It’s been a busy week. Donald Trump claimed victory in his bid to return to the White House on Tuesday, and the Federal Reserve cut interest rates again on Thursday. Those developments might not directly impact the vehicles your dealership ... [Read More]
Results & recommendations from federal audit of CFPB’s information security program
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau got to experience what it’s like to go through an examination. The Office of Inspector General (OIG) within the Federal Reserve recently released findings and recommendations of its 2024 audit of the CFPB’s information security ... [Read More]
ARA still accepting nominations for 9 industry awards
SubPrime Auto Finance News Staff
The American Recovery Association is still collecting nominations for nine industry awards that will be given at the 2025 North American Repossessors Summit. ARA will gather nominations through Friday for the accolades to be announced during the event that’s on ... [Read More]
5 components of Treasury Department’s National Strategy for Financial Inclusion
SubPrime Auto Finance News Staff
Last week, the U.S. Department of the Treasury released a new project dubbed the National Strategy for Financial Inclusion in the United States. Treasury officials said they identified objectives and recommendations for policymakers, industry, employers and community organizations to advance ... [Read More]
CPS sees savings of $1M per quarter using SentiLink’s fraud prevention tools
SubPrime Auto Finance News Staff
On Monday, Consumer Portfolio Services recapped the success stemming from its decision to partner with SentiLink, a provider of advanced identity verification and fraud detection solutions. The subprime auto finance company said the partnership enabled CPS to improve its fraud ... [Read More]
FTC now sending more than $1M to impacted customers of Wisconsin dealer group
SubPrime Auto Finance News Staff
Roughly a year after a Wisconsin auto dealer group was penalized by the Federal Trade Commission and the Wisconsin attorney general for what authorities deemed to be discriminatory F&I activities, the FTC is beginning to send more than $1 million ... [Read More]
NAF Association touts success of Compliance Champions Workshop
SubPrime Auto Finance News Staff
The National Automotive Finance Association orchestrated another successful event this week. The focus again was compliance. NAF Association officials said more than 50 auto finance professionals gathered in Irving, Texas, for their Compliance Champions Workshop. They said attendees engaged in ... [Read More]
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