Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Dissecting evolving credit scores with Shams Blanc of FICO
Monday, Nov. 24, 2025, 03:34 PM
As much as auto-finance underwriting has become sophisticated, a potential starting point to determine if the applicant will be offered an installment contract is the credit score. Shams Blanc, who is vice president of auto scores at FICO, described the ... Listen Here
Used Car Week Hall of Famer Jerry Kroshus of Location Services
Wednesday, Nov. 12, 2025, 04:19 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media President Bill Zadeits talks with Kroshus about his career journey in ... Listen Here
Used Car Week Hall of Famer Kathy Ruble of Ally
Tuesday, Nov. 11, 2025, 07:52 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here

Double-digit jump in 2022 tax refunds helps February payments

KBRA march 2022 chart for web
Tuesday, Apr. 26, 2022, 03:26 PM
Nick Zulovich, Senior Editor
According to the April 15 update from the Internal Revenue Service, the IRS had issued $242.62 billion in federal income tax refunds so far this season, representing at 15.2% lift year-over-year. Kroll Bond Rating Agency (KBRA) noticed that consumers appear ... [Read More]

Protective Asset Protection deepens powersports F&I presence with RumbleOn

motorcycle pic
Monday, Apr. 25, 2022, 03:31 PM
SubPrime Auto Finance News Staff
Protective Asset Protection announced just about a month ago that it was set to acquire AUL Corp. to create a conglomerate used by thousands of auto dealers. On Monday, the provider of F&I programs and services signed a national agreement ... [Read More]

McGlinchey continues firm growth with 2 new additions

mcglinchey pair for web
Monday, Apr. 25, 2022, 03:28 PM
SubPrime Auto Finance News Staff
During the past six months, McGlinchey’s consumer financial services compliance team has added eight new attorneys (including two members) in five offices, including Albany, N.Y., Cleveland, Houston, New Orleans and Washington, D.C. According to separate announcements, the newest additions are ... [Read More]

Average rates on refinancing rise 15 basis points, but remain lower than a year ago

row of cars
Friday, Apr. 22, 2022, 02:39 PM
SubPrime Auto Finance News Staff
While Cox Automotive recently reported that auto credit availability still remains at a record reading, RateGenius indicated another part of auto financing remains pretty healthy, too. The platform recently released its monthly Auto Refinance Rate Report revealing the current average ... [Read More]

Auto credit availability remains at record readings

Dealertrack-Credit-Availability-Index-chart for web
Thursday, Apr. 21, 2022, 03:43 PM
Nick Zulovich, Senior Editor
There might not be a robust amount of used and new vehicles available to retail, but access to credit to fuel originations and deliveries appears to be quite plentiful. For the second month in a row, the Dealertrack Credit Availability ... [Read More]

NAF Association highlights agenda for annual Non-Prime Auto Financing Conference

NAF conference screenshot for web
Wednesday, Apr. 20, 2022, 03:11 PM
SubPrime Auto Finance News Staff
Michael Benoit, Klaus Entenmann, Amy Martin and Jonathan Smoke represent just a sampling of the experts scheduled to appear during the 26th annual Non-Prime Auto Financing Conference hosted by the National Automotive Finance Association beginning on June 1 in Plano, ... [Read More]

Strong assertions follow CFPB lawsuit filing against TransUnion

legal analysis
Tuesday, Apr. 19, 2022, 02:30 PM
SubPrime Auto Finance News Staff
Both the Consumer Financial Protection Bureau and TransUnion used strong language in statements last week, as the regulator filed a lawsuit against the credit bureau, two of its subsidiaries, and an executive that the company said is no longer with ... [Read More]

Exeter highlights new dealer portal, general counsel

dealership employee
Monday, Apr. 18, 2022, 04:17 PM
SubPrime Auto Finance News Staff
Along with naming a new general counsel to fill a void created by retirement, Exeter Finance recently launched its new, comprehensive dealer portal. The finance company that specializes in non-prime and subprime paper highlighted that its portal now available nationwide ... [Read More]

APCO Holdings promotes internal executive to be SVP & CIO

job promotion
Monday, Apr. 18, 2022, 04:15 PM
SubPrime Auto Finance News Staff
APCO Holdings recently promoted one of its executives who has been with the provider and administrator of F&I products and home to the EasyCare and GWC Warranty brands for more than 15 years. Ascending into the role of senior vice ... [Read More]

Ally & TMCF now accepting applicants for Moguls in the Making

NCAT_winning_team for web
Monday, Apr. 11, 2022, 03:27 PM
SubPrime Auto Finance News Staff
Applications for a college-student competition cited by Fast Company as a reason Ally Financial ranked sixth on its 2021 list of Best Workplaces for Innovators — which recognizes companies that foster creative cultures — recently got in motion. Ally Financial ... [Read More]
X