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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

Vehicle Acceptance Opens New Location

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]

Comerica: Auto Affordability Almost at Its Best

Nick Zulovich
DALLAS — The purchase of an average-priced new vehicle took only slightly more median income than it did in the prior quarter, according to Comerica Bank's Auto Affordability Index. More specifically, it took 22.1 weeks of median family income in the ... [Read More]

Peak Acceptance Rolls Out to Dealers

Nick Zulovich
DALLAS — Peak Acceptance LLC has struck up a relationship with Payless Car Sales, in addition to dozens of franchised dealers, and is rolling out throughout the country, according to Rick Collins, a principal behind the company. The new lender was ... [Read More]

ChannelNet Launches 5 Millionth Personal Site for Auto Finance Industry

Nick Zulovich
SAUSALITO, Calif. — ChannelNet, a leading provider of Web-based customer loyalty solutions, announced today that it has now deployed 5 million personalized Web sites for the auto financing industry. Personal Web sites are basically provided to auto loan/lease customers and designed to ... [Read More]

Triad Financial Upgrades BBB Rating

Nick Zulovich
NORTH RICHLAND HILLS, Texas — Triad Financial recently announced that it has boosted its Better Business Bureau rating from "B" to an "A+," the best possible score. The BBB bases ratings on the number of consumer complaints filed against a company ... [Read More]

F&I Administration Introduces SCS Auto GAP

Nick Zulovich
CHICAGO — F&I Administration Solutions LLC, a leading provider of software for the administration of auto F&I products, recently announced the release of SCS Auto GAP, which it is calling the first commercially available software that is specifically designed to ... [Read More]

Leedom Group Names Senior VP of Dealer Ops

Nick Zulovich
SARASOTA, Fla. — Leedom Group has named its senior vice president of dealer operations. Taking on this position is Jerry "Butch" Moore, who will oversee five of the company's buy-here, pay-here dealerships in Florida and Georgia. These five locations sell more than ... [Read More]

Fed: Auto Loan Interest Rates on Steady Incline

Nick Zulovich
WASHINGTON, D.C. — After falling drastically earlier this year, interest rates for new-car loans at auto finance companies climbed at a steady pace during the second quarter. In fact, during June, the rate rose to 3.88 percent, up from 3.47 percent ... [Read More]

CalAmp Starts Agent Reseller Program for GPS Solution

Nick Zulovich
OXNARD, Calif. — CalAmp Corp. has launched an agent reseller program for its Aercept-branded GPS tracking solutions. As authorized Aercept agents, independent sales professionals can offer the branded GPS tracking units to new dealerships, buy-here, pay-here used-car dealerships and financing companies. ... [Read More]

NADA Used Car Guide Values to Be Offered in New DealerTrack Product for Lenders

Nick Zulovich
McLEAN, Va. — NADA Used Car Guide announced this week it has been tapped to provide used-vehicle values for a newly launched product by DealerTrack Inc. that is designed to enhance lenders' efficiency and further streamline the auto lending process. Basically, ... [Read More]

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