Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
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

Hanks Outlines Primeritus’ Plans

Nick Zulovich
CLINTON, Miss. — With wholesale vehicle prices continuing to be strong and financial institutions ramping up recovery efforts to leverage this condition, Phil Hanks believes he and the rest of the team at Primeritus Financial Services are “catching the industry ... [Read More]

J.D. Byrider Opens Store in Chicago Metro Area

Nick Zulovich
OAK LAWN, Ill. — Chicago-area residents with less-than-perfect credit will now have another option for purchasing used cars. Buy-here, pay-here dealership group J.D. Byrider announced it is opening a new dealership in the Oak Lawn area at 9121 Cicero Ave. ... [Read More]

Dealers Can Turn to Alternative Credit Data to Improve BHPH Underwriting

Nick Zulovich
HOUSTON — At this time of the year, buy-here, pay-here dealers are very busy selling vehicles to customers during the tax refund season. However, they often face the dilemma of selling vehicles to customers who have large down payments (from the tax ... [Read More]

Ally Bank Tops List of Financial Services Companies Using Social Media

Nick Zulovich
MIDVALE, Utah — Change Sciences Group recently recognized Ally Bank as a leader in financial services companies using social media. The accolade listed Ally first among 22 companies in a program that rated each organization's approach to the social media ... [Read More]

CPS Enjoys ‘Return to Profitability’

Nick Zulovich
IRVINE, Calif. — With a significant year-over-year turnaround in fourth-quarter net income and rises in both contracts purchased from dealers and net receivables, Consumer Portfolio Services declared that its fourth quarter "marks our return to profitability." In fact, the company's ... [Read More]

ABI: February Bankruptcy Filings Climb 19 Percent

Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute spotted a 19-percent month-over-month rise in total filings in the United States. According to data provided by Epiq Systems, all bankruptcy filings in February totaled 104,418, up from the 87,981 filings in January. ... [Read More]

Ally Launches Marketing Program to Support GM, Chrysler Dealers & Sales

Nick Zulovich
DETROIT — To help support dealers and get more attention for General Motors and Chrysler vehicles, Ally announced it is launching a marketing program in March to drive both showroom traffic and new vehicle sales. The program will launch in ... [Read More]

J.D. Byrider Opens Richmond Rooftop

Nick Zulovich
RICHMOND, Va. — Buy-here, pay-here dealership group J.D. Byrider recently revealed credit-challenged residents of Virginia’s capital now have another option for purchasing used cars. The company announced a new Richmond rooftop opened on the first of the month, located at ... [Read More]

Exeter Finance Completes $200 Million Securitization

Nick Zulovich
IRVING, Texas — Late last week, Exeter Finance Corp. announced the completion of its first rated term securitization, issuing $200 million in notes backed by subprime auto installment receivables. The company indicated the notes were purchased by qualified institutional buyers ... [Read More]

Auto Sector Highlights Credit Rebound Projection from Equifax and Moody’s Analytics

Nick Zulovich
ATLANTA — New U.S. consumer credit data from a joint product of Equifax and Moody's Analytics projects a rebounding consumer environment, along with recovering home and auto markets this year. As numbers reflect pre-recession totals, Equifax and Moody's predicted through ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X