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
Interest-rate cut may finally be on horizon
SubPrime Auto Finance News Staff
The Federal Reserve’s next opportunity to modify interest rates arrives next Wednesday. Experts see the job market as a primary reason why policymakers might be making their first modification in more than a year. And perhaps at least one member ... [Read More]
AutoPayPlus welcomes Gutierrez back as regional account manager
SubPrime Auto Finance News Staff
Michele Gutierrez was previously part of the team at AutoPayPlus while she was an F&I director in Laredo, Texas. After spending time with General Motors, AutoPayPlus announced on Thursday that Gutierrez now is back with the organization as a regional ... [Read More]
DriveItAway partners with AllShifts to help on-demand nurses gain transportation
SubPrime Auto Finance News Staff
DriveItAway Holdings has formed several partnerships and relationships this year to grow its “micro-lease to purchase” technology. But the partnership announced this week might be having the most impact on DriveItAway CEO John Possumato as the company has partnered with ... [Read More]
PODCAST: More details about ongoing squeeze in non-prime financing
SubPrime Auto Finance News Staff
Open Lending senior vice president of marketing Kevin Filan made another appearance on the Auto Remarketing Podcast. This time, Filan discussed Open Lending’s newest Consumer Update, which delved into the squeeze near- and non-prime consumers are facing when trying to ... [Read More]
Experian Q2 data could illuminate ongoing movements involving affordability & risk
SubPrime Auto Finance News Staff
Is vehicle affordability improving for consumers? Or are finance companies not taking on as much risk? To help you decide, consider these metrics from Experian’s State of the Automotive Finance Market Report: Q2 2024 released on Thursday. Experian determined the ... [Read More]
3 questions about bankruptcy & repossessions with Weltman, Weinberg & Reis
SubPrime Auto Finance News Staff
Shareholder Milos Gvozdenovic and attorney Garry Masterson of Weltman, Weinberg & Reis Co. recently addressed some of the most common questions finance companies have about bankruptcy and vehicle repossession. Gvozdenovic and Masterson began by touching on the question that might ... [Read More]
Auto refinancing companies optimistic about future growth
SubPrime Auto Finance News Staff
A pair of firms that specialize in auto refinancing — iLending and Way.com — are optimistic about their prospects, especially if the Federal Reserve starts to lower interest rates this month. iLending president Nick Goraczkowski described what it’s been like ... [Read More]
Top 10 vehicles that end up being totaled following crashes
SubPrime Auto Finance News Staff
A metric that finance companies often watch is the number of vehicles in their portfolio that become a total loss when involved in a crash. Levine and Wiss — a personal injury attorney law firm in New York — recently ... [Read More]
Rhode Island AG continues active pursuit of dealerships with $1M settlement
SubPrime Auto Finance News Staff
Six more dealerships reached an agreement with the Rhode Island attorney general to settle allegations of deceptive sales practices in the finance office. The settlement announced in August has the dealerships paying more than $1 million in refunds and penalties. ... [Read More]
AFSA asks NH officials to delay major changes to auto financing processes
SubPrime Auto Finance News Staff
This week, the American Financial Services Association followed up on its letter to New Hampshire Banking Commission with a petition to state officials asking for a delay of major restructuring of documents associated with the financing and retailing of vehicles ... [Read More]
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