As subprime space keeps changing, how long can average terms stretch?
Monday, May. 4, 2026, 11:16 AM
Car-buying intention remains positive even as consumers face more headwinds
Thursday, May. 7, 2026, 11:12 AM
Reviewing FICO & FSA data to see how much student loans could be impacting your auto-finance portfolio
Tuesday, May. 5, 2026, 10:13 AM
Latest Stories
This Month's Focus
Artificial Intelligence
CARS Protection Plus taps Circuitry.ai Warranty Decision Intelligence to help adjusters resolve claims faster
Wednesday, May. 6, 2026, 10:38 AM
DealerOn’s dual launch includes AI search visibility platform, ‘intelligent layer’ touching full dealership
Tuesday, May. 5, 2026, 03:28 PM
Newest Experian tool designed to reduce risk within AI-driven commerce
Monday, May. 4, 2026, 11:19 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
Weltman celebrates opening of new offices near Clevelend
Wednesday, Jul. 31, 2024, 11:44 AM
SubPrime Auto Finance News Staff
Weltman, Weinberg & Reis Co. hosted a ribbon-cutting ceremony last week to celebrate the opening of its new offices near Cleveland. Gregory Kurtz, the mayor of Independence, Ohio, along with members of the city council, joined the festivities that also ... [Read More]
How industry is seeing down payments, potential for refinancing
Tuesday, Jul. 30, 2024, 11:59 AM
Nick Zulovich, Senior Editor
Jody Lambert acknowledged that it often is surprising when a sizeable down payment or trade-in value arrives as part of an application for auto financing. Lambert is vice president of dealer risk management for Anderson Brothers Bank, which is based ... [Read More]
SCM hires Van Scoyoc after 9 years with MBSi
Tuesday, Jul. 30, 2024, 11:37 AM
SubPrime Auto Finance News Staff
Secure Collateral Management (SCM) hired a new vice president of business development this week, welcoming a veteran executive who served in a similar capacity within the skip-tracing and repossession management solutions industry. Joining SCM’s executive team is Sam Van Scoyoc, ... [Read More]
NY Fed spots spike in auto finance rejections
Monday, Jul. 29, 2024, 11:40 AM
Nick Zulovich, Senior Editor
It’s the heat of summer nationwide, but perhaps you could make the argument that things are frozen when considering auto financing and interest rates. Evidence of how frosty things might be within auto financing surfaced from the most recent findings ... [Read More]
Former iA American CRO joins RoadVantage as president
Friday, Jul. 26, 2024, 10:24 AM
SubPrime Auto Finance News Staff
RoadVantage modified its leadership team in multiple ways this week, welcoming John Lutman as president of the F&I company, which offers a full portfolio of vehicle service contracts and ancillary products through certified agents. With Lutman coming aboard, RoadVantage slid ... [Read More]
AutoPayPlus sees client demand necessitate 30% growth in workforce
Friday, Jul. 26, 2024, 10:23 AM
SubPrime Auto Finance News Staff
AutoPayPlus has good reasons to be in a celebratory mood this summer. The payment processing company recently hosted an employee gathering because AutoPayPlus’ workforce has grown by 30% year-over-year, sparked in part because of “innovative business process enhancements, increasing customer ... [Read More]
CFPB circular focuses on whistleblowing guidelines for financial institutions
Thursday, Jul. 25, 2024, 10:39 AM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau (CFPB) is blowing a whistle, so to speak, about whistleblowing. On Wednesday, the bureau issued a circular to law enforcement agencies and regulators explaining how companies may be breaking the law by requiring employees to ... [Read More]
Loanbridge.AI & AutoSquared.AI partner to speed up repossessions & trim impound fees
Wednesday, Jul. 24, 2024, 11:35 AM
SubPrime Auto Finance News Staff
With Cox Automotive chief economist Jonathan Smoke making note of them this week, vehicle repossessions might be an even higher priority for finance companies nowadays. To help with the situation, Loanbridge.AI and AutoSquared.AI reiterated their partnership is aimed to improve ... [Read More]
Cox Automotive: Average used APR up 80 basis points so far in July
Wednesday, Jul. 24, 2024, 11:33 AM
SubPrime Auto Finance News Staff
Cox Automotive chief economist Jonathan Smoke squeezed in an online video update about auto financing while also being a keynote presenter in San Antonio this week for the Texas Independent Automobile Dealers Association’s annual convention. Citing data collected via Dealertrack, ... [Read More]
Glenview Finance rolls out eContracting platform
Tuesday, Jul. 23, 2024, 11:30 AM
SubPrime Auto Finance News Staff
Glenview Finance’s Credit Builder subprime financing platform recently debuted its new eContracting system. The company said it’s a comprehensive solution that can have deals funded in less than an hour. Glenview Finance sees this new system as dramatically improving the ... [Read More]
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