Edmunds: Used-car buyers committing to $1,000 monthly payments at new record

Thursday, Oct. 2, 2025, 10:07 AM

Cornerstone Advisors research on what subprime & near-prime consumers want from banks & credit unions

Wednesday, Oct. 1, 2025, 11:41 AM

TransUnion connects student-loan performance concerns to auto finance

Monday, Sep. 29, 2025, 10:23 AM

TransUnion: Credit scores dropping by 60 points on average because of delinquent federal student loans

Thursday, Jul. 10, 2025, 10:27 AM

SubPrime Auto Finance News Staff

The pool of consumers potentially falling into the subprime credit tier might grow by nearly 6 million individuals based on the trends connected with student loans recently highlighted by TransUnion. New research from TransUnion revealed that the number of consumers ... [Read More]

ARA highlights 4 primary compliance features of new 50-State Solution

Wednesday, Jul. 9, 2025, 01:21 PM

SubPrime Auto Finance News Staff

For agents, 50 states can mean as many as 50 different sets of regulations to follow when repossessing vehicles. To help them handle those potential complexities, the American Recovery Association launched what it called a “groundbreaking” resource on Wednesday. Called ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turn Battery Risk Into Trust: Your Edge in the Used EV Market

Independent battery health certification is the new gold standard for used EV dealerships. The latest AVILOO detect Magazine reveals how...

How GMs Start Their Day with Mastermind & Make More Deals

Successful General Managers know that how you start the day sets the tone for dealership performance. This checklist outlines the...

Rising Repos, Shrinking Margins: A Guide to Reduce Collections and Servicing Costs with AI Agents

As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...

Out-of-State Titling: 12 Steps Every Title Clerk Should Follow (The Easy Way)

Out-of-state titling isn’t easy. With every state having different DMV requirements, document packets, and deadlines, it’s easy for mistakes to...

Free Guide: How Smart Dealers Can Profit from Customer Car Insurance

Turn Customer Auto Insurance into Dealership Profit If you're not profiting from auto insurance in your dealership, now’s the time...

Go In-House With Your Photos

Your Photo Vendor Didn’t Show Up Again? Let’s Fix That. Stop relying on vendors and start owning your inventory. This...

The Auto Dealer’s Complete Checklist for Evaluating AI

The Auto Dealer’s Complete Checklist for Evaluating AI highlights key questions dealership leaders should ask technology partners during the selection...

Dealer Guide: Selecting the Right Auto Logistics Partner

In retail automotive, your transport provider isn’t just moving cars — they’re moving your business forward. Every delayed delivery, damaged...

Wednesday, Jul. 9, 2025, 09:57 AM

SubPrime Auto Finance News Staff

The Federal Trade Commission basically said, “Game over,” in connection with what officials dubbed a credit-repair scheme called, “The Credit Game.” The FTC recently announced it is sending more than $3.5 million in refunds to consumers harmed by the operation. ... [Read More]

F&I Sentinel makes third major move of the summer, hiring VP of account management

Wednesday, Jul. 9, 2025, 09:51 AM

SubPrime Auto Finance News Staff

A busy summer for F&I Sentinel continued Tuesday, as the provider of tech-enabled solutions associated with F&I products in automotive finance appointed Keishawn Batts as vice president of account management. The company said Batts, who F&I Sentinel described as a ... [Read More]

Caribou sees plenty of opportunities for auto refinancing

Monday, Jul. 7, 2025, 04:20 PM

SubPrime Auto Finance News Staff

While there’s some stability in used-vehicle financing, Edmunds recently highlighted multiple all-time highs registered during the second quarter for consumers to take delivery of a new vehicle, including the percentage of individuals paying more than $1,000 monthly. At Caribou, the ... [Read More]

One Big Beautiful Bill signing cuts CFPB budget nearly in half

Monday, Jul. 7, 2025, 10:39 AM

SubPrime Auto Finance News Staff

Fireworks exploding near the White House and Capitol Hill during Fourth of July were more than just recognizing Independence Day. President Trump and Republicans cheered passage and the signing of the One Big Beautiful Bill into law, which included a ... [Read More]

Edmunds spots multiple new all-time highs for new-car financing in Q2

Thursday, Jul. 3, 2025, 10:30 AM

SubPrime Auto Finance News Staff

Used-car financing might be even more appealing for lenders and consumers, especially since Edmunds reported this week that the number of individuals committing to monthly payments of $1,000 or more hit an all-time high during the second quarter. Edmunds noticed ... [Read More]

ARA president urges caution when handling client directives

BHPH evolution: Key to success in a recovering auto industry

Wednesday, Jul. 2, 2025, 11:22 AM

SubPrime Auto Finance News Staff

Vaughn Clemmons might not be an attorney, but the president of the American Recovery Association urged members to use caution when receiving client directives. “Whether from lenders, forwarders, or others, some instructions could place your business or employees in legal ... [Read More]

Winslow now officially AFSA’s president & CEO

Wednesday, Jul. 2, 2025, 10:35 AM

SubPrime Auto Finance News Staff

The American Financial Services Association started the second half of the year by making it official. Celia Winslow is the trade group’s new president and chief executive officer. Winslow succeeds Bill Himpler, who late last year announced plans to retire. ... [Read More]

PODCAST: Why Agora Data’s Steve Burke is so bullish about automotive

Tuesday, Jul. 1, 2025, 09:44 AM

SubPrime Auto Finance News Staff

Agora Data’s Steve Burke is one of the most upbeat executives you can find in auto finance. When asked about his outlook for the car business during a conversation at the National Independent Automobile Dealers Association’s annual convention last week ... [Read More]