Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
How agentic AI is impacting collections
Thursday, Feb. 5, 2026, 02:21 PM
Agentic AI is among the slew of topics being bandied about this week at NADA Show 2026 in Las Vegas. The subject also was discussed during Used Car Week 2025 in the same city. Used Car Week Hall of Famer ... Listen Here
The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
Listen Here
More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here

New York AG settles with 5 Nissan stores over end-of-lease infractions

2019 Nissan altima for web
Friday, Apr. 5, 2024, 10:43 AM
SubPrime Auto Finance News Staff
Big Apple authorities determined end-of-lease transactions did not go as designed during a three-year period amid the pandemic. New York attorney general Letitia James last week announced settlements worth more than $1.9 million with five Nissan dealerships in New York ... [Read More]

Resolvion appoints Thomas as CEO

AutoCanada Announces Board Appointments
Thursday, Apr. 4, 2024, 03:23 PM
SubPrime Auto Finance News Staff
Resolvion has a new CEO and it’s someone who finance companies and repossession agents likely know from his most recent role. The provider of repossession management solutions announced this week the appointment of Mike Thomas as CEO. From 2015 to ... [Read More]

Credit Acceptance details strategies to build portfolio that’s currently biggest in its 52-year history

Credit Acceptance grows record portfolio with strategic building
Thursday, Apr. 4, 2024, 11:37 AM
SubPrime Auto Finance News Staff
Credit Acceptance chief executive officer Kenneth Booth highlighted the path the subprime auto finance company has enjoyed to getting to its largest outstanding portfolio in its 52-year history. Booth reiterated to shareholders in a letter posted on Wednesday that Credit ... [Read More]

Glenview Finance Solutions rolls out 5 new services

auto finance pic 2
Wednesday, Apr. 3, 2024, 11:56 AM
SubPrime Auto Finance News Staff
After launching late last year, Glenview Finance Solutions closed the first quarter with an important development. The company now has fully deployed an intricate, full-service financial portfolio assets management platform for engaging in automotive financing and consumer loans. Among the ... [Read More]

Edmunds: High rates & negative equity hamper Q1 auto financing

Tuesday, Apr. 2, 2024, 10:41 AM
SubPrime Auto Finance News Staff
Along with more insight about how much negative equity is an industry hurdle, the latest auto finance data from Edmunds highlighted how affordability challenges triggered by stubbornly high interest rates are impeding growth in the new- and used-car markets. Edmunds ... [Read More]

APCO Holdings welcomes Kathinokkula as chief technology officer

APCO Holdings welcomes Kathinokkula as chief technology officer
Monday, Apr. 1, 2024, 12:12 PM
SubPrime Auto Finance News Staff
Last week, APCO Holdings — home to EasyCare, National Auto Care (NAC), GWC Warranty, and MemberCare brands of automotive and RV products — announced that Kumar Kathinokkula has joined the F&I provider and administrator as chief technology officer. The company ... [Read More]

Massachusetts woman sentenced as part of fraud scheme to purchase more than 45 cars

Monday, Apr. 1, 2024, 12:12 PM
SubPrime Auto Finance News Staff
Potential fraud at your dealership or finance company can stem from activity outside the continental United States, as a case recapped by the Justice Department shows. The U.S. Attorney’s Office for the District of Massachusetts recently announced a Lowell woman ... [Read More]

VantageScore spots delinquency trend not seen in 4 years

Revisiting topic of partial payments
Thursday, Mar. 28, 2024, 11:11 AM
SubPrime Auto Finance News Staff
Federal Reserve chair Jerome Powell has acknowledged multiple times that, “My colleagues and I are acutely aware that high inflation imposes significant hardship as it erodes purchasing power, especially for those least able to meet the higher costs of essentials ... [Read More]

COMMENTARY: Today I hate my job — post-repossession Article 9 letters

COMMENTARY: I hate my job — post-repossession Article 9 letters
Wednesday, Mar. 27, 2024, 02:30 PM
Steve Levine, Ignite Consulting Partners
I don’t mean to alarm anyone with the title. Then again, maybe I do. The truth is I’m discouraged, and today I hate my job. Why? Because it happened again. A dealer reached out because they’ve been hit with a ... [Read More]

Agora Data bolsters team again with new VP of strategic alliances

Wednesday, Mar. 27, 2024, 11:19 AM
SubPrime Auto Finance News Staff
Agora Data reinforced its team again on Tuesday with a professional with a vast background at dealerships and industry service providers. The fintech company that provides technology, capital and guidance with predictable contract performance and analytics for the subprime automotive ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X