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
Car-Mart Seeks New Stores as Sales, Net Income and Revenue Climb
Nick Zulovich
BENTONVILLE, Ark. — In addition to announcing a new dealership in Tennessee, America's Car-Mart recently shared fourth quarter and fiscal full-year results. In some positive news, net income, revenue and sales are all up over the prior year, which has led ... [Read More]
Credit Acceptance Extends and Modifies Revolving Line of Credit Facility
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. announced Wednesday that it has extended the maturity of its credit facility with a commercial bank syndicate from June 23, 2011, to June 22, 2012. The amount of the facility remains unchanged at $150 million. ... [Read More]
Fed: Average Auto Loan Interest Rate Drops Again
Nick Zulovich
WASHINGTON, D.C. — Continuing the downward push seen throughout the quarter, the Federal Reserve indicated the average interest rate on new-car loans at auto finance companies slipped again in April. Federal officials pinpointed the average at 4.13 percent. The April rate ... [Read More]
GMAC Specifies 14 States for Thor Financing Launch
Nick Zulovich
DETROIT — GMAC recently revealed the 14 states where consumer financing for recreational vehicles made by Thor Industries now is available. The initial roll out includes such states as Alabama, California, Colorado, Florida, Georgia, Maryland, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, ... [Read More]
Hertz Rent2Buy Teams Up with Chase to Provide Financing Options
Nick Zulovich
PARK RIDGE, N.J. — Hertz announced Monday that it has teamed up with Chase Auto Finance to offer its Hertz Rent2Buy customers financing options. Hertz Rent2Buy is the company's online car sales program that gives customers the option of taking a vehicle ... [Read More]
Last Week to Nominate Subprime Movers and Shakers
Nick Zulovich
CARY, N.C. — The deadline to nominate top subprime movers and shakers for special coverage in the July/August edition of SubPrime Auto Finance News is Thursday. Nominations can include auto finance executives and those with non-prime companies, in addition to special ... [Read More]
DealerTrack Upgrades Compliance Solution
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack recently unveiled several enhancements to its compliance solution, rolling them all into a new Compliance Dashboard. Company officials explained the Compliance Dashboard can provide an overview of compliance-related activity across a store's current deals on a ... [Read More]
Wisconsin Significantly Revises Auto-Title Loan Regulations
Nick Zulovich
MADISON, Wis. — Wisconsin lawmakers recently altered a measure that now greatly regulates the use of auto-title loans. The bill that passed through the state legislature and the governor's office stipulates that vehicles can only be used as collateral for a purchase, ... [Read More]
Auto Master Partners with iMETRIK on System Integration
Nick Zulovich
LAS VEGAS — Auto Master Systems and iMETRIK Solutions recently revealed a new integration partnership. Executives explained the partnership is designed to provide Auto Master clients with a single interface to gather GPS asset tracking data. The companies believe the agreement can ... [Read More]
Chrysler Continues Zero-Percent Financing
Nick Zulovich
AUBURN HILLS, Mich. — In an incentive package similar to its May deals, Chrysler is offering zero-percent financing through GMAC Financial Services on most of its 2010 lineup, the automaker announced this week. For Chrysler brand vehicles, the options are zero-percent ... [Read More]
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