As subprime space keeps changing, how long can average terms stretch?
Monday, May. 4, 2026, 11:16 AM
TransUnion updates auto performance, shares research about K-shaped path of overall consumer credit market
Thursday, Apr. 30, 2026, 10:10 AM
Reviewing FICO & FSA data to see how much student loans could be impacting your auto-finance portfolio
Tuesday, May. 5, 2026, 10:13 AM
Latest Stories
This Month's Focus
Artificial Intelligence
CARS Protection Plus taps Circuitry.ai Warranty Decision Intelligence to help adjusters resolve claims faster
Wednesday, May. 6, 2026, 10:38 AM
DealerOn’s dual launch includes AI search visibility platform, ‘intelligent layer’ touching full dealership
Tuesday, May. 5, 2026, 03:28 PM
Newest Experian tool designed to reduce risk within AI-driven commerce
Monday, May. 4, 2026, 11:19 AM
FICO’s Shams Blanc on lenders sharpening underwriting & more
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here
Wednesday, Apr. 29, 2026, 03:54 PM
Byron Oldham of Honest Autos & FIADA
Byron Oldham is president of the family-owned Honest Autos dealership and is president of the board at the Florida Independent Automobile Dealers Association. In this episode, Oldham talks with Cherokee Media Group senior editor Joe Overby about the upcoming Southeast ... Listen Here
Monday, Apr. 27, 2026, 07:47 PM
Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’
Kathi Kruse, the Automotive CFO-To-Go who brings her financial expertise — born through years of experience as a dealership chief financial officer — to dealers needing help in that area, is back on the Auto Remarketing Podcast. In this episode, ... Listen Here
Sunday, Apr. 19, 2026, 04:27 AM
EZ Dealer Finance Launches Application Lending System
Tuesday, Aug. 25, 2009, 12:00 AM
Nick Zulovich
OLD BRIDGE, N.J. — EZ Dealer Finance, a provider of auto lending solutions, recently announced the release of its EZ Dealer Application System. Basically, the company provides a Web site for independent and franchise dealers to submit loan applications. The staff has ... [Read More]
Mint Leasing Management Expects Stronger Second Half
Tuesday, Aug. 25, 2009, 12:00 AM
Nick Zulovich
HOUSTON — For the second quarter of this year, Mint Leasing, a subprime leasing company, reported that its ability to generate revenues from new leases was "greatly restricted" by the lack of available financing. Company officials indicated that its line of ... [Read More]
A New Lender Offers Prestige Credit Commitment
Tuesday, Aug. 25, 2009, 12:00 AM
Nick Zulovich
SALT LAKE CITY — Prestige Financial Services announced on Monday that a new lender has joined with Wells Fargo Preferred Capital and Bank of America Business Capital as institutions on its line of credit. The new company to join the credit ... [Read More]
ABI: Annual Bankruptcy Filings to Surge Past 1.4 Million
Tuesday, Aug. 25, 2009, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — The total number of U.S. bankruptcies filed during the first six months climbed 36 percent over the same period in 2008, according to the American Bankruptcy Institute. Total filings reached 711,550 during the first half of the calendar ... [Read More]
Ford Credit Celebrates 50 Years
Thursday, Aug. 20, 2009, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — In 1960, Ford Motor Credit Co. financed its first vehicle, a 1960 Mercury Monterey located in Indianapolis. Back then, the company only had around 12 employees with one mission — to support Ford, its dealers and customers. Today, the ... [Read More]
SubPrime Auto Finance News Offers Updated Lender Directory
Thursday, Aug. 20, 2009, 12:00 AM
Nick Zulovich
CARY, N.C. — As many lenders continue to maintain tighter underwriting and higher credit standards, hundreds if not thousands of dealers throughout the country continue to seek out new lender relationships to fill the gap, or they elect to enter the ... [Read More]
J.D. Byrider Hires New VP of Franchise Development
Thursday, Aug. 20, 2009, 12:00 AM
Nick Zulovich
CARMEL, Ind. — J.D. Byrider has hired a new vice president to run the company's franchise development. Taking on the position is Michael Pearce. He will be responsible for increasing the number of locations by licensing new franchisees to J.D. Byrider's ... [Read More]
UPDATED: GM to Immediately Provide Dealers with CARS Advances
Thursday, Aug. 20, 2009, 12:00 AM
Nick Zulovich
DETROIT — While many dealers are halting CARS deals due to the government's slow approval and reimbursement, General Motors thinks it may have found a solution to keep dealers in Cash for Clunkers business. The automaker announced today that it will ... [Read More]
Fed Extends TALF, Reviews Trends in Credit Markets
Tuesday, Aug. 18, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — On Monday, the Federal Reserve Board and the Treasury Department announced that they have approved an extension in the Term Asset-Backed Securities Loan Facility. However, officials indicated that they do not foresee any additions to the types of ... [Read More]
Vehicle Acceptance Opens New Location
Tuesday, Aug. 18, 2009, 12:00 AM
Nick Zulovich
DALLAS — Vehicle Acceptance Corp. announced the addition of its newest branch office in Indianapolis, Ind. "This latest expansion of the nationwide subprime finance company is a strong indication of the healthy and growing buy-here, pay-here marketplace in the region," according ... [Read More]
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