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
AIR welcomes passage of Illinois law involving data contained in repossessed vehicles
SubPrime Auto Finance News Staff
The Alliance of Illinois Repossessors (AIR) cheered the signing of SB 0800 into law by Gov. J.B. Pritzer, a development the organization said solidified the nation’s first law related to consumer data protection and repossessed vehicles. The July 28 signing ... [Read More]
Auto data roundup: July defaults & August average interest rates
Nick Zulovich, Senior Editor
Multiple sources of auto-finance data and more intriguing economic trends surfaced in recent days, with experts touching on defaults, interest rates and the possibility of a recession. Let’s begin this roundup with the auto portion of the S&P/Experian Consumer Credit ... [Read More]
Auto credit availability improves to best level since March
SubPrime Auto Finance News Staff
Cox Automotive noticed that July was the best conditions to get your paper bought since March, but the subprime share still softened. The July reading of Dealertrack Credit Availability Index came in at 97.4, marking the second straight month of ... [Read More]
Formula Automotive rolls out warranty reimbursement services
SubPrime Auto Finance News Staff
Formula Automotive Consulting and Technologies, a new company specializing in warranty reimbursement for automotive dealers, announced the official launch of its consultative services. Spearheaded by fixed operations experts, Formula Automotive looks to solve the pain point of warranty rate disparity ... [Read More]
TransUnion spots 2 possible upbeat trends from Q2
SubPrime Auto Finance News Staff
Perhaps two trends from the auto segment of the Q2 2023 Quarterly Credit Industry Insights Report (CIIR) from TransUnion might calm finance companies on the risk front. TransUnion reported the average amounts financed for new vehicles have stabilized year-over-year, while ... [Read More]
ARA hires Tony Long as new executive director
SubPrime Auto Finance News Staff
The American Recovery Association previously stated that the organization’s next executive director would have to possess eight distinct characteristics, including industry experience, public speaking ability and more. The ARA found its next professional leader, announcing well-known industry figure Tony Long ... [Read More]
Davis+Gilbert achieves Mansfield Certification Plus
SubPrime Auto Finance News Staff
Davis+Gilbert announced that the law firm has achieved Mansfield Certification Plus status as part of its ongoing commitment to diversity, equity and inclusion (DEI). The firm highlighted its Certification Plus status indicates that, in addition to meeting the consideration and ... [Read More]
KBB: July marks smallest uptick in new-model retail prices in 10 years
SubPrime Auto Finance News Staff
New vehicles might still be out of reach for many customers who land in the subprime credit tier. But the latest data from Kelley Blue Book showed that perhaps the prospects for putting a subprime consumer into a new model ... [Read More]
3 executive moves at EFG Companies
SubPrime Auto Finance News Staff
After recently highlighting an employee survey about its positive workplace, EFG Companies expanded its leadership team on Tuesday, reflecting growth opportunities in powersports, dealership training, and profit participation programs. Among the three executive moves, EFG said Adam Ouart has been ... [Read More]
APCO Holdings recaps finalizations of 4 acquisitions
SubPrime Auto Finance News Staff
It’s been a busy year on the acquisition front for APCO Holdings. On Monday, the provider and administrator of automotive F&I products and home to the EasyCare, National Auto Care, GWC Warranty and MemberCare brands recapped that it has completed ... [Read More]
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