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
National Full-Spectrum Auto Lenders Find Market Challenging
Thursday, Jan. 31, 2008, 12:00 AM
Nick Zulovich
McLEAN, Va. — The slower economy, which has strained consumer finances and the credit environment has impacted three of the national full-spectrum auto lenders. In fact, all reported that their auto finance business struggled. Giving an overview of Capital One's business, ... [Read More]
PIN: Federal Rate Cut May Ignite More Captive Incentives
Tuesday, Jan. 29, 2008, 12:00 AM
Nick Zulovich
WESTLAKE VILLAGE, Calif. — The recent decrease in the Federal Bank Reserve rate may ultimately lead to more market demand as annual percentage rates for captives and non-captives drop to reflect the change, according to Power Information Network, an affiliate of ... [Read More]
More Small Dealerships Seek Higher Credit Lines
Tuesday, Jan. 29, 2008, 12:00 AM
Nick Zulovich
NORTHFIELD, Ill. — A recent poll by the Small Business Research Board indicates that more dealers are seeking to increase their lines of credit this year, with almost one-third saying they expect to ask their principal lenders to raise loan limits. ... [Read More]
Finance Express Adds Two New Subprime Lenders to Platform
Tuesday, Jan. 29, 2008, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express recently announced the addition of two more subprime lenders to its platform. Barnett Finance currently serves North Carolina and Virginia and said it has plans to expand to other states in the near future. ... [Read More]
Credit Acceptance Reports Modification to Line of Credit
Tuesday, Jan. 29, 2008, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. recently announced that it has increased the amount of its line of credit facility with a commercial bank syndicate from $75 million to $133.5 million. In addition, officials said the maturity of the line of ... [Read More]
Compli Reaches New Milestone Thanks to Dealers
Thursday, Jan. 24, 2008, 12:00 AM
Nick Zulovich
PORTLAND, Ore. — Compli recently announced that its dealer clients have surpassed 2.1 million processed policies, trainings and assessments on its dealership compliance management system. "We are pleased to arrive at this milestone, which is a remarkable 100-percent annual increase for ... [Read More]
Ford Credit Explains Reasons for Year-Over-Year Net-Income Decline
Thursday, Jan. 24, 2008, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — This morning, Ford Motor Credit Co. reported that its net income for 2007 was down by $508 million when compared with 2006. Overall, net income came in at $775 million for the year, compared with $1.283 billion a year earlier. ... [Read More]
In Preparation of Going National, Resurgent Auto Finance Applies Fiserv Services
Thursday, Jan. 24, 2008, 12:00 AM
Nick Zulovich
BROOKFIELD, Wis. — Fiserv recently announced that non-prime lender Resurgent Auto Finance is now utilizing Fiserv Automotive Solutions' loan origination system and decisioning technology. Resurgent Auto Finance, based in Greenville, S.C., was established in September 2007. It specializes in providing funding ... [Read More]
Economic Troubles Force AmeriCredit to Reevaluate
Thursday, Jan. 24, 2008, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — Higher-than-anticipated credit losses in AmeriCredit's subprime and near-prime portfolios, compounded by weaker recovery rates, are leading the company to trim dealer relationships, tighten lending requirements, reduce expected originations and cut staffing. Basically, the company is reevaluating its ... [Read More]
U.S. Bank, Union Bank & Trust Join RouteOne’s Platform
Tuesday, Jan. 22, 2008, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced Monday that U.S. Bank, the sixth largest commercial bank in the United States, has joined its increasing list of finance sources on its Web-based credit application management system. U.S. Bancorp, with $238 billion in assets, ... [Read More]
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