Dealers already wary about interest-rate impact watch Fed pass on chance for adjustment
Thursday, Jun. 18, 2026, 10:13 AM
ANV Group Holdings to take Open Lending private via all-cash tender offer
Wednesday, Jun. 17, 2026, 11:30 AM
Agora Data & GWC Warranty partner to streamline dealer offerings of VSC & GAP
Wednesday, Jun. 17, 2026, 11:28 AM
SPONSORED EPISODE: Bracing for more than ‘portfolio stress’ with John Elias of Allied Solutions
John Elias, sales specialist in auto finance business development with Allied Solutions, acknowledged lenders might be experiencing more than just “portfolio stress” since delinquencies, insurance costs, negative equity, and repossessions are all intensifying at the same time. Elias, who was ... Listen Here
Monday, Jun. 22, 2026, 07:11 PM
Agora Data’s Matt Burke on becoming NAF Association president
Agora Data’s Steve Burke was one of the founders of the National Automotive Finance Association 30 years ago. Now in 2026, Steve Burke’s son, Matt, not only is a top executive at Agora Data, but he is also now president ... Listen Here
Friday, Jun. 19, 2026, 01:00 AM
Experian’s Melinda Zabritski discusses ongoing stretching of terms
The latest appearance on the Auto Remarketing Podcast by Melinda Zabritski, Experian’s head of automotive financial insights and Automotive Intelligence Award recipient, focused on auto-loan terms, which oftentimes are at least 72 months nowadays. Zabritski also compared a data point ... Listen Here
Friday, Jun. 12, 2026, 09:35 AM
AFSA unveils Consumer Credit Conditions Index
Monday, Apr. 22, 2024, 11:58 AM
SubPrime Auto Finance News Staff
The American Financial Services Association (AFSA) leveraged its membership base to create its latest ongoing project — the Consumer Credit Conditions Index (C3 Index). AFSA revealed the first findings from this initiative, which is meant to fill a need among ... [Read More]
PODCAST: Lessons learned by 4 repo agents
Friday, Apr. 19, 2024, 10:09 AM
SubPrime Auto Finance News Staff
Four forthcoming repossession agents shared a variety of personal and professional anecdotes last week during the North American Repossessors Summit in Orlando, Fla. The session titled “What I Wish I’d Known … A Cautionary Tale for Small, Medium, & Large ... [Read More]
PODCAST: ARA president seeks ‘call for collaboration’
Friday, Apr. 19, 2024, 10:07 AM
SubPrime Auto Finance News Staff
American Recovery Association president Vaughn Clemmons addressed the record gathering for last week’s North American Repossessors Summit, sharing his “unfiltered beliefs on the state of our recovery industry.” Clemmons described the challenges and opportunities the industry has, asking for a ... [Read More]
APCO Holdings merges EasyCare & National Auto Care brands
Thursday, Apr. 18, 2024, 03:10 PM
SubPrime Auto Finance News Staff
This week, APCO Holdings announced it has merged two of its brands — EasyCare and National Auto Care — into a unified F&I “force” under the EasyCare brand. The merger follows the acquisition of National Auto Care last January. With ... [Read More]
Advice for dealers & finance companies during an election year from EFG Companies
Thursday, Apr. 18, 2024, 11:17 AM
SubPrime Auto Finance News Staff
“Approved this message” is likely a phrase we’ll all see, hear and read often for the foreseeable future since it’s an election year. The message EFG Companies looked to reinforce to retail automotive and powersports dealers and finance companies was ... [Read More]
5 associations urge CFPB to abandon latest request for data about repossessions & more
Wednesday, Apr. 17, 2024, 02:41 PM
SubPrime Auto Finance News Staff
Five industry associations recently sent a 14-page letter to the Consumer Financial Protection Bureau (CFPB), pushing back against the regulator’s request for more information regarding collections and vehicle repossessions by auto finance companies. Part of what troubles these associations is ... [Read More]
AutoPayPlus rolls out F&I reporting tool powered by VisionAST at no additional cost to dealers
Wednesday, Apr. 17, 2024, 12:05 PM
SubPrime Auto Finance News Staff
AutoPayPlus recently expanded its enterprise solution for F&I managers with the launch of AutoPayPlus Reporting, powered by VisionAST. The tool can provide real-time reporting and analytics, empowering decisionmakers with precise data integration into their DMS. AutoPayPlus said the move reinforced ... [Read More]
Smoke sees subprime delinquency & defaults rising
Wednesday, Apr. 17, 2024, 12:05 PM
SubPrime Auto Finance News Staff
According to data Cox Automotive chief economist Jonathan Smoke shared on Tuesday, subprime auto finance portfolios might not be doing so well. Smoke reported that the subprime severe delinquency rate for March was 50 basis points higher year-over-year, as 7.25% ... [Read More]
CFPB spots more issues with auto finance companies & credit reporting
Tuesday, Apr. 16, 2024, 10:46 AM
SubPrime Auto Finance News Staff
Auto financing was mentioned often by the Consumer Financial Protection Bureau (CFPB) as the regulator published its latest edition of Supervisory Highlights last week. The CFPB shared key findings from recent examinations about continuing accuracy problems in the credit reporting ... [Read More]
Open Lending: Near- and non-prime consumers at risk of being priced out
Monday, Apr. 15, 2024, 11:02 AM
SubPrime Auto Finance News Staff
Cox Automotive reported that credit access improved in March, even within the subprime space. However, Open Lending Corp. still has notable concerns about the sector stemming from findings contained in a new Near- and Non-Prime Consumer Update. The risk analytics ... [Read More]
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