Loan extensions keep climbing as repo agents now seeing ramifications
Thursday, Apr. 23, 2026, 10:24 AM
4 attorneys decipher developments since FTC sent letters to dealers nationwide
Friday, Apr. 24, 2026, 10:51 AM
VantageScore spots ‘subtle migration’ of consumers toward lower credit tiers in March
Monday, Apr. 27, 2026, 10:37 AM
Latest Stories
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
COMMENTARY: 34% of dealers still lost concerning certain key components of Safeguards Rule compliance
Wednesday, Nov. 15, 2023, 03:58 PM
Ken Hill, 700Credit
Over the last few years there has been plenty of chatter about the new Safeguards Rule that went into effect earlier this year. As has been widely reported, the law requires auto dealerships to obtain clear and informed consent from ... [Read More]
10 operators to serve on new NextGear Dealer Advisory Board
Wednesday, Nov. 15, 2023, 11:06 AM
SubPrime Auto Finance News Staff
NextGear Capital wants to make sure the dealer voice is heard when it comes to floor-planning and other company activities. Last week, building on the success of its inaugural DRIVE Dealer Advisory Board (DRIVE) launched in 2021, NextGear announced members ... [Read More]
KPA and Reynolds forge partnership to boost F&I compliance
Wednesday, Nov. 15, 2023, 11:05 AM
SubPrime Auto Finance News Staff
KPA and Reynolds and Reynolds now are working together to help dealerships comply with state and federal financing requirements. On Wednesday, the companies announced a strategic partnership to provide dealerships greater access to Reynolds’ LAW F&I Libraries across all 50 ... [Read More]
Credit access improves again, but approvals drop near lowest point in 3 years
Tuesday, Nov. 14, 2023, 11:11 AM
SubPrime Auto Finance News Staff
As its experts shared updated trends associated with new-vehicle prices, Cox Automotive also posted its Dealertrack Auto Credit Availability Index for October. Perhaps helping if a non-prime consumer aspires to secure a new vehicle, analysts discovered access to auto credit ... [Read More]
TransUnion spots continued softening of subprime originations as delinquencies jump
Monday, Nov. 13, 2023, 11:54 AM
SubPrime Auto Finance News Staff
The subprime space is continuing to lose momentum as 2023 reaches the short rows of potential originations for dealerships and finance companies. What is gaining steam, however, are delinquencies. For the second consecutive quarter, originations softened across most risk tiers, ... [Read More]
Resolvion partners with AKUVO to boost repossession efficiency
Monday, Nov. 6, 2023, 12:00 PM
SubPrime Auto Finance News Staff
Resolvion, a provider of national repossession management, skip-tracing, remarketing, license plate recognition, and heavy equipment and specialty recovery, announced on Monday a partnership with AKUVO. As an integrated repossession service provider, the partnership will provide Resolvion the opportunity to serve ... [Read More]
Crédito Real USA Finance rebrands as FinBe USA
Friday, Nov. 3, 2023, 09:48 AM
SubPrime Auto Finance News Staff
Crédito Real USA Finance gained new ownership in April. This week, the finance company that specializes in the Hispanic segment got a new brand name. The operation launched its new brand as FinBe USA, what executives explained as representing “a ... [Read More]
UPDATED: 4 economists react to Fed’s expected rate holding
Thursday, Nov. 2, 2023, 11:43 AM
Nick Zulovich, Senior Editor
ADESA chief economist Tom Kontos shared a similar reaction with SubPrime Auto Finance News as his expert brethren, saying the Federal Reserve voting unanimously to keep the federal funds rate at 5.25% to 5.5% was to be expected. “Moreover, the ... [Read More]
Open Lending reinforces Lenders Protection with new alternative data attributes
Wednesday, Nov. 1, 2023, 08:00 AM
SubPrime Auto Finance News Staff
On Wednesday, Open Lending Corp. released the addition of new alternative data attributes for auto finance applicants to more accurately inform the risk score generated by its Lenders Protection solution. Open Lending highlighted that access to expanded criteria from TransUnion ... [Read More]
CFPB looking to add 75 employees to enforcement department
Tuesday, Oct. 31, 2023, 04:17 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau is calling for reinforcements. CFPB enforcement director Eric Halperin revealed in a public appearance last week that the bureau is looking to add about 75 new full-time employees to the office of enforcement. Halperin told ... [Read More]
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