As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...
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PODCAST: Why Agora Data’s Steve Burke is so bullish about automotive
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2025 Non-Prime Automotive Financing Industry Survey is ‘more than just numbers’
Monday, Jun. 30, 2025, 10:17 AM

COMMENTARY: Is your payments platform safeguarding compliance?
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Finance Express Broadens Lender Platform
Thursday, Dec. 2, 2010, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express recently added another lender to its stable of Web-based financial services and technology for independent dealerships. The company revealed it brought in E&S Funding. Finance Express president David Huber discussed the reasons for this ... [Read More]
Aimbridge Now Offers Dealers More Accessibility to Pre-Approvals on Potential Customers
Thursday, Dec. 2, 2010, 12:00 AM
Nick Zulovich
ENGLEWOOD, Colo. — CRIF Lending Solutions-Aimbridge recently rolled out automatic accessibility to pre-approval loan notifications for credit unions, dealers and other clients through several widely adopted applications. Aimbridge customers now have accessibility through DealerTrack, RouteOne and AppLine dealer application portals as ... [Read More]
Resource Hub
Best Practices, Ideas, and Tools for Business
Out-of-State Titling: 12 Steps Every Title Clerk Should Follow (The Easy Way)
Out-of-state titling isn’t easy. With every state having different DMV requirements, document packets, and deadlines, it’s easy for mistakes to...
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Free Guide: How Smart Dealers Can Profit from Customer Car Insurance
Turn Customer Auto Insurance into Dealership Profit If you're not profiting from auto insurance in your dealership, now’s the time...
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Go In-House With Your Photos
Your Photo Vendor Didn’t Show Up Again? Let’s Fix That. Stop relying on vendors and start owning your inventory. This...
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The Auto Dealer’s Complete Checklist for Evaluating AI
The Auto Dealer’s Complete Checklist for Evaluating AI highlights key questions dealership leaders should ask technology partners during the selection...
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Dealer Guide: Selecting the Right Auto Logistics Partner
In retail automotive, your transport provider isn’t just moving cars — they’re moving your business forward. Every delayed delivery, damaged...
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Case Management Made Easy: Harnessing the Power of Technology
Lenders are grappling with record-high automotive loan delinquencies, all while navigating budget constraints, staffing shortages and more. To overcome these...
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NowAuto Group Finds Ways to Improve 1Q Gross Margin While Cutting Charge-offs, Defaults
Thursday, Dec. 2, 2010, 12:00 AM
Nick Zulovich
PHOENIX — While NowAuto Group still sustained a net loss during the first quarter of its 2011 fiscal year, the company recently reported double-digit improvements in gross margin as well as the cost of charge-offs and defaults. The company indicated first-quarter ... [Read More]
FTC Launches Narrow Investigation into Dealer Practices
Thursday, Dec. 2, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — SubPrime Auto Finance News learned this week that buy-here, pay-here dealers throughout the nation are randomly being tapped by the Federal Trade Commission to provide copies of their contracts for the last year. This move is a part ... [Read More]
ABI Reveals Bankruptcy Trends
Tuesday, Nov. 30, 2010, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — According to an upcoming ABI Journal article about consumers who filed for bankruptcy last year, researchers found that the majority of filers were Caucasian, married, employed, between the ages of 35 and 54, had at least a high ... [Read More]
Crescent Bank & Trust to Integrate with Open Dealer Exchange
Tuesday, Nov. 30, 2010, 12:00 AM
Nick Zulovich
TROY, Mich. — Open Dealer Exchange announced this week that Crescent Bank & Trust will integrate directly into the dealer management system to enhance the loan approval process. Headquartered in New Orleans, CB&T is a leading indirect subprime lender that does ... [Read More]
SNAAC Names New President
Tuesday, Nov. 30, 2010, 12:00 AM
Nick Zulovich
CINCINNATI — Security National Automotive Acceptance Corp. recently announced its chief operating officer has a new role with the company. The company elevated Brian McDonald to president. He now reports to Becky and Ted Catino, co-chief executive officers of SNAAC. In ... [Read More]
Fitch Says Auto ABS Performance Particularly Strong for This Time of Year
Tuesday, Nov. 30, 2010, 12:00 AM
Nick Zulovich
NEW YORK — Thanks in large part to unprecedented seasonal strength in the used-vehicle market, Fitch Ratings reported that both prime and subprime auto loan asset-backed securities showed delinquency improvements in October. Another factor helping to push the drops in delinquencies ... [Read More]
ABA Rolls Out Financial Reform Tracking Site
Tuesday, Nov. 23, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Since so much policy associated with financial reform has yet to be spelled out by federal regulators, the American Bankers Association recently launched a new online resource aimed at keeping members up to date. The association explained the ... [Read More]
Subprime Approvals Continue to Creep Higher
Tuesday, Nov. 23, 2010, 12:00 AM
Nick Zulovich
BANDON, Ore. — Subprime new-loan approvals have now shown four months of increases, according to CNW Research. For October, 7.6 percent of subprime loan applications were approved, up from 6.9 percent in September and 5.7 percent in October 2009. "While still ... [Read More]
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