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
FICO Launches Collection System with Built-In Analytic Adaption
Nick Zulovich
MINNEAPOLIS — FICO recently announced the launch of an enhanced solution to help lenders improve collections and recoveries. The new product, FICO Debt Manager version 8.0 is, what officials call a complete redesign of the company's core collection system, offering new ... [Read More]
Car-Mart Continues Dealership Network Expansion
Nick Zulovich
BENTONVILLE, Ark. — America's Car-Mart recently expanded its network of dealerships for the second time in the past two months, raising its total to 99. The newest store to come on board is in Farmington, Mo. Back in June, Car-Mart rolled ... [Read More]
AFSA Makes Statistical State Map Available Online
Nick Zulovich
WASHINGTON, D.C. — Positive feedback pushed the American Financial Services Association to make an interactive map of state-specific information on foreclosures, employment, legislation and more available at its website. AFSA indicated this resource not only contains these crucial statistics, regulations and ... [Read More]
AmeriCredit Announces First Securitization Pricing After Revealing GM Deal
Nick Zulovich
FORT WORTH, Texas — AmeriCredit announced late last week that it has priced its first securitization deal after after saying it will soon become a subsidiary of General Motors. AmeriCredit priced a $200 million offering of subprime automobile receivables-backed securities. The ... [Read More]
S&P/Experian Index Shows Auto Loan Defaults Rising
Nick Zulovich
NEW YORK — While monthly default rates declined for first mortgage and bank card loans, the same could not be said for second mortgages and auto loans. Standard & Poor's and Experian discovered that auto loan default rates increased to 1.9 ... [Read More]
Dealers Can Now Use Smartphones to Tap into RouteOne’s Platform
Nick Zulovich
FARMINGTON HILLS, Mich. — Dealers can now utilize the RouteOne platform through their iPhone, iPad, iPod Touch and Android mobile devices, which can allow dealers to be more flexible and efficient during the sales process. The company revealed today that https://www.routeone.net/ is ... [Read More]
Capital One Auto Loan Originations Soar 31% Over 1Q
Nick Zulovich
McLEAN, Va. — For the second quarter, Capital One recently announced that auto loan originations climbed 31.4 percent over the previous quarter to hit $1.8 billion. In the first quarter, Capital One posted about $1.3 billion in auto originations. In the ... [Read More]
Credit Union Offers Special Loan Zone Sale This Weekend
Nick Zulovich
LATHRUP VILLAGE, Calif. — With the aim of offering auto shoppers across the credit spectrum the financing that best suits them, Michigan First Credit Union will be holding its annual Loan Zone car sale on Friday and Saturday. Included in the ... [Read More]
Nicholas Financial Reports Record 1Q Revenue, Earnings
Nick Zulovich
CLEARWATER, Fla. — Nicholas Financial recently announced that for its first quarter, net earnings climbed 65 percent to $3.426 million, compared with $2.081 million for the same period last year. The first-quarter figure excludes the change in fair value of interest rate ... [Read More]
AmeriCredit Originates Close to $1 Billion in 4Q
Nick Zulovich
FORT WORTH, Texas — Not long after announcing that General Motors is acquiring AmeriCredit in an all-cash transaction valued at about $3.5 billion, the subprime auto lender announced its fiscal fourth-quarter and full-year financial results. The company more than doubled its ... [Read More]
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