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
Fitch Calls Auto ABS Market Uncharacteristically Stable
Nick Zulovich
NEW YORK — Reporting on November results just before the holidays, Fitch Ratings said the strong momentum in the used-vehicle market continues to buck seasonal norms, leading to "uncharacteristically stable" auto asset-backed collateral performance. Going into the first quarter of 2011, ... [Read More]
S&P/Experian Index Shows More Improvement in Auto Loan Defaults
Nick Zulovich
NEW YORK — While Standard & Poor's and Experian noticed defaults rising for first and second mortgages, officials spotted continued positive gains for auto loans. Based on data through November 2010, the S&P/Experian Consumer Credit Default Indices showed auto-loan defaults dropped ... [Read More]
CPS Finalizes Two Financing Deals
Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services revealed just before 2010 wrapped up that it closed a follow-on senior secured financing with an affiliate of Levine Leichtman Capital Partners. Executives said CPS received $20 million in incremental debt capital. They also indicated ... [Read More]
Car-Mart Opens Two Additional Stores
Nick Zulovich
BENTONVILLE, Ark. — America's Car-Mart announced Monday it has opened two new dealerships located in Tullahoma, Tenn., and Winchester, Ky. "We are pleased to announced the opening of our third location in Tennessee and our ninth location in Kentucky," said William ... [Read More]
TransUnion Reports a 10-Percent Seasonal Jump in Auto Loan Delinquencies
Nick Zulovich
CHICAGO — In its quarterly analysis, TransUnion discovered that the 60-day national auto loan delinquency rate climbed 9.4 percent from the second to third quarter, largely due to seasonal shifts. The delinquency rate came in at 0.58 percent, which on the ... [Read More]
Happy Holidays from SubPrime Auto Finance News
Nick Zulovich
CARY, N.C. — After today's e-newsletter, SubPrime Auto Finance News will be going dark until the new year to give the staff time to celebrate the holidays with our families. SubPrime News Update will pick back up Tuesday, Jan. 4. After ... [Read More]
CoreLogic Credco Now Provides Free Risk-Based Credit Score Disclosure
Nick Zulovich
SANTA ANA, Calif. — CoreLogic Credco announced this week that it is now providing the credit score disclosure exception to the risk-based pricing notice free of charge to all participating auto, RV and marine dealers automatically with every credit report ordered. ... [Read More]
DealerTrack Helps Dealers Prepare for Risk-Based Pricing Compliance
Nick Zulovich
LAKE SUCCESS, N.Y. — This week, DealerTrack launched free additions to its performance suite meant to enable dealers to comply with the Federal Trade Commission's new risk-based pricing rule, which goes into effect on Jan. 1. Company officials said the enhancements ... [Read More]
GM Financial Unveils Strategic & Operational Overview
Nick Zulovich
FORT WORTH, Texas — In its Strategic and Operational Overview released this month, GM Financial revealed its near-term initiatives include continuing to grow its core subprime business, as well as expanding its product line for General Motors dealers, such as ... [Read More]
CNW: Subprime Approvals Continue Growth, Bolstering Overall Sales Totals
Nick Zulovich
BANDON, Ore. — As time passes, more and more consumers with lower credit ratings are finding they can get approval to purchase vehicles, which is helping to bolster the overall sales totals, CNW Research recently revealed. In fact, Art Spinella, president ... [Read More]
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