Loan extensions keep climbing as repo agents now seeing ramifications

Thursday, Apr. 23, 2026, 10:24 AM

Weltman, Weinberg & Reis hires 2 more attorneys for Ohio offices

Wednesday, Apr. 22, 2026, 02:43 PM

Navy Federal Credit Union’s Cost of Car Ownership Index reaches new high

Wednesday, Apr. 22, 2026, 10:56 AM

Latest Stories

Fed’s Waller recaps impact of labor market’s ‘head-snapping volatility’ on policymakers’ next rate decision

The Work Number Record Indicator from Equifax now available for auto loans

Agora Data & PassTime team up for dealer discount

Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’

Sunday, Apr. 19, 2026, 04:27 AM

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

Talking about the car business in the US & Canada with Peter Smith of the Lion Partnership

Monday, Apr. 13, 2026, 03:50 PM

As Cherokee Media Group was getting ready to host the Used Car Industry Summit in Miami, Peter Smith of the Lion Partnership spent some time with Nick Zulovich for this episode of the Auto Remarketing Podcast. Smith recapped some of ... Listen Here

SPONSORED EPISODE: Allied Solutions reviews Q1, pinpoints signals of loan health

Tuesday, Apr. 7, 2026, 07:55 PM

John Elias and Peter Krall of Allied Solutions returned for another special sponsored episode of the Auto Remarketing Podcast. Elias and Krall recapped some of the most notable developments in auto finance from the first quarter of 2026. The Allied ... Listen Here

FTC sues VoIP provider that allegedly facilitates robocalls impersonating Social Security Administration

FTC sends annual report to CFPB recapping activities regarding financial acts

Monday, May. 15, 2023, 11:27 AM

SubPrime Auto Finance News Staff

Federal officials are responding to an operation that allegedly is sending robocalls saying they originate from the Social Security Administration. Last week, the Federal Trade Commission sued to stop a voice over internet protocol (VoIP) provider XCast Labs that the ... [Read More]

Car Capital restarts originations in Midwest & Southeast with 3 new top executives

board, shutterstock_474636388 (1)_5 (1)

Friday, May. 12, 2023, 10:24 AM

SubPrime Auto Finance News Staff

Car Capital paused originations, reduced its workforce and shifted contract servicing to Westlake Financial last November because of “difficult capital market conditions.” On Thursday, Car Capital reemerged with a new leadership team set to do business now in the Midwest ... [Read More]

MBSi begins president transition process

Friday, May. 12, 2023, 10:23 AM

SubPrime Auto Finance News Staff

MBSi Corp. announced that a top leadership transition began this week. After more than eight years of leadership and growth at MBSi, the provider of repossession assignment software and vendor compliance solutions to the auto finance industry said president Cort ... [Read More]

Dealertrack Credit Availability Index drops to lowest point in 2 years

Thursday, May. 11, 2023, 11:15 AM

SubPrime Auto Finance News Staff

Three ingredients that analysts put in the headwind category had more impact than the trio of trends in the helpful category, resulting in access to auto finance credit tightening in April to the lowest point in more than two years. ... [Read More]

Solutions by Text announces 3 new hires & 1 executive promotion

Wednesday, May. 10, 2023, 11:57 AM

SubPrime Auto Finance News Staff

Last week, Solutions by Text enhanced its leadership team with three new senior level hires and a promotion. The compliance-first provider of enterprise text messaging and payments solutions focused on consumer financial services appointed Danielle Repetti as chief revenue officer, ... [Read More]

PODCAST: Repossessions now highlighted in academia

ARPodcast800x495_11_2

Wednesday, May. 10, 2023, 11:56 AM

SubPrime Auto Finance News Staff

What’s sometimes considered to be a dangerous task of repossessing vehicles now has been highlighted in what some might view as the high-brow world of academia. In this episode of the Auto Remarketing Podcast, International Recovery Systems resident Jeremy Cross ... [Read More]

McGlinchey Stafford adds to Calif.-based enterprise litigation & investigations group

legal analysis

Wednesday, May. 10, 2023, 11:51 AM

SubPrime Auto Finance News Staff

This week, McGlinchey Stafford reinforced its enterprise litigation and investigations group in the firm’s Irvine, Calif., office. Joining the firm as members are attorneys Kere Tickner and Michelle McCliman with the pair being supported by paralegal Kirsten Zell and legal ... [Read More]

Subprime softens even more in new-car world

Monday, May. 8, 2023, 04:59 PM

SubPrime Auto Finance News Staff

Dealerships and auto finance companies already were not completing many deliveries and installment contracts for new vehicles with consumers who fell into the subprime and deep subprime credit tiers. Now following the significant jump in interest rates, Cox Automotive pinpointed ... [Read More]

Sound Credit Union now leverages Open Lending to book nearly $3M in paper monthly

Monday, May. 8, 2023, 11:28 AM

SubPrime Auto Finance News Staff

Last week, Open Lending Corp. released the results of a case study that shows how Sound Credit Union grew its direct and indirect automotive finance volume and yield with Lenders Protection. Officials said Sound Credit Union implemented Lenders Protection in ... [Read More]

KBRA promotes 2 executives within structured finance business

Monday, May. 8, 2023, 11:27 AM

SubPrime Auto Finance News Staff

KBRA announced multiple personnel moves on Monday. The ratings agency and observer of the securitizations market for automotive and other industry segments said Rosemary Kelley has been named head of structured finance business development. In this newly created role, the ... [Read More]

X