Affordability leads latest TransUnion study & AFSA event dialogue
Tuesday, Feb. 3, 2026, 10:25 AM
Santander Q4 survey shows ongoing optimism of middle-income Americans who see value of used cars
Monday, Feb. 2, 2026, 10:24 AM
Challenge Financial Services hires former UACC exec, acquires $21M portfolio
Monday, Feb. 2, 2026, 10:21 AM
The real cost of inaction when it comes to transport fraud
Listen Here
Thursday, Jan. 29, 2026, 03:30 PM
More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here
Thursday, Jan. 29, 2026, 03:30 PM
Lenders, forwarders & agents discuss repo bottlenecks
In another of the Used Car Week 2025 panel discussions focused on repossessions and recoveries, AutoSquared.ai co-founder Bahador Rahimi led a conversation that included lenders, forwarders and agents. The group exchanged ideas about how industry firms can smooth the bottlenecks ... Listen Here
Wednesday, Jan. 28, 2026, 07:16 PM
NextGear Capital hires 3 new execs, unveils redesigned website
Monday, Nov. 3, 2025, 12:27 PM
SubPrime Auto Finance News Staff
In an effort “bring fresh energy, diverse perspectives and deep expertise to the organization,” NextGear Capital recently added three new members to its senior leadership team along with rolling out a revamped website. Executives joining the inventory finance company for ... [Read More]
TransUnion spots ‘pre-pandemic norms’ in newest auto-finance analysis
Monday, Nov. 3, 2025, 12:26 PM
SubPrime Auto Finance News Staff
Experts are seeing auto financing “trending back toward pre-pandemic norms” based data contained in TransUnion’s Q3 2025 Credit Industry Insights Report (CIIR). TransUnion reported on Monday that originations rose 5.2% year-over-year to 6.7 million, supported by Federal Reserve rate cuts ... [Read More]
Experts explain auto-finance & general-economy implications after another rate cut comes during ‘challenging situation’
Thursday, Oct. 30, 2025, 12:24 PM
Nick Zulovich, Senior Editor
The primary result of this week’s meeting of the Federal Open Market Committee (FOMC) was the Federal Reserve reducing the federal funds rate below 4% for the first time since 2022. The reduction of the target rate to 3.75% to ... [Read More]
Protective to acquire Portfolio, enhancing dealer wealth and F&I solutions
Thursday, Oct. 30, 2025, 10:39 AM
SubPrime Auto Finance News Staff
Two well-known names in the F&I and reinsurance arenas — Protective Asset Protection and Portfolio — are now on track to be part of the same organization serving dealerships. On Thursday morning, Protective Life Corp., a U.S. subsidiary of Dai-ichi ... [Read More]
ARA elects new president, gives 6 awards during annual convention
Wednesday, Oct. 29, 2025, 02:38 PM
SubPrime Auto Finance News Staff
Along with handing out six industry awards, the American Recovery Association elected new board leadership during its annual convention last week in Reno, Nev. And there is a new president of the association, as the membership elected Todd Case of ... [Read More]
VantageScore: Early-stage delinquencies at highest point in 5 years
Wednesday, Oct. 29, 2025, 11:56 AM
SubPrime Auto Finance News Staff
Along with slowing originations, the latest edition of CreditGauge by VantageScore showed delinquencies throughout the credit market are on the rise. Analysts reported on Tuesday that overall credit delinquencies edged higher in September, with delinquencies 30 to 59 days past ... [Read More]
Sims joins Lender Compliance Technologies’ advisory board
Wednesday, Oct. 29, 2025, 11:55 AM
SubPrime Auto Finance News Staff
Lender Compliance Technologies (LCT) welcomed an experienced auto-finance executive to its board of advisors. The provider of compliance solutions for managing F&I product refunds reinforced this board with Craig Sims, who currently serves as chief revenue officer at Arra Finance. ... [Read More]
Explaining likelihood of another interest-rate cut coming this week
Tuesday, Oct. 28, 2025, 11:57 AM
SubPrime Auto Finance News Staff
Comerica Bank predicted on Monday that the Federal Reserve will lower the federal funds target rate by a quarter percent to a range of 3.75% to 4.00% when policymakers have their next meeting on Wednesday. How the Fed potentially arrives ... [Read More]
Credit Acceptance details CEO transition from Booth to Hegde
Tuesday, Oct. 28, 2025, 09:24 AM
SubPrime Auto Finance News Staff
What’s “been the honor of my career” is winding down for Credit Acceptance’s Kenneth Booth. The subprime auto finance company announced on Tuesday that Booth, who is CEO and president and a member of the company’s board of directors, will ... [Read More]
AFSA & Oxford Economics: Vehicle financing provides $125.5B boost to US GDP
Monday, Oct. 27, 2025, 10:22 AM
SubPrime Auto Finance News Staff
New research released by the American Financial Services Association (AFSA) on Monday highlighted how much vehicle financing fuels the U.S. economy. AFSA and Oxford Economics found that vehicle-finance providers contributed $125.5 billion to U.S. GDP in 2023, equivalent to $17 ... [Read More]
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