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
Federal Reserve: Average Auto Loan Interest Rate Climbs
Nick Zulovich
WASHINGTON — The last time the average interest rate for new-car loans at auto finance companies climbed above 5 percent was in the second quarter of last year. In fact, the median rate hasn't beaten this February's figure since 2005 when ... [Read More]
AFSA, NTSF Form New Committee to Address Titling Issues
Nick Zulovich
WASHINGTON — The National Title Solutions Forum is merging into the American Financial Services Association to form a new committee of professional interest under the association's Vehicle Finance Division. The goal of this new move is to create a new entity dedicated ... [Read More]
RouteOne Hits New Record for Subscribers to Product Offering
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced today that more than 10,000 dealers are now subscribed to its Vehicle Values tool since the product's launch in late 2006. According to officials, this is almost double the amount of subscribing dealers since February ... [Read More]
The Real Facts about NABD 2008
Nick Zulovich
HOUSTON — With less than 30 days remaining before the 10th Annual National Buy-Here, Pay-Here Conference on May 6 to 8 in Las Vegas, I have received numerous calls regarding the event. The most frequently asked questions and my responses follow: Question ... [Read More]
Independent Dealers Characterize Market Environment
Nick Zulovich
CHICAGO and FORT MYERS, Fla. — How is the current economic climate impacting independent dealers? To answer this question, SubPrime Auto Finance News recently talked to a few independent dealers who work in the subprime arena, asking about the challenges they ... [Read More]
Bankruptcy Filings Mount; Federal Reserve Admits to Possible Recession
Nick Zulovich
ALEXANDRIA, Va. — Despite the tough means test, the American Bankruptcy Institute reported that due to economic issues, particularly those in the mortgage sector, consumer bankruptcy filings jumped 27 percent nationwide during the first quarter, compared to the same period ... [Read More]
LeaseTrader.com Compares Risks Associated with 84-Month Auto Loans to Mortgage Industry
Nick Zulovich
MIAMI — With some manufacturers and dealers now offering 84-month financing on auto loans, this could lead to more consumers ending up in negative equity, according LeaseTrader.com. Consumers who accept these terms are at particular risk with the current consumer credit ... [Read More]
NADC Board Challenges Opposition to Dealer Arbitration Clauses
Nick Zulovich
HANOVER, Md. — The National Association of Dealer Counsel Board of Directors reported that it has submitted written comments to the House Judiciary Committee to express opposition to the Automobile Arbitration Fairness Act of 2008 (H.R. 5312). The March 17 letter ... [Read More]
Compli Partners with Law Firm to Enhance Dealer Compliance Offerings
Nick Zulovich
PORTLAND, Ore. — Compli announced that it has teamed up with Sacks Tierney P.A. to provide top-tier legal information, compliance consulting and technology to Arizona dealers. The services will be offered via Compli's Dealership Compliance Management System. Sacks Tierney, based in ... [Read More]
Wolters Kluwer Now Offering Lease Agreements in e-Format
Nick Zulovich
MINNEAPOLIS — To meet the growing demand for paperless finance transactions within the auto finance industry, Wolters Kluwer Financial Services announced Monday that it is offering dealers, work flow aggregators and lenders new standardized and customizable motor vehicle lease agreements in an ... [Read More]
X