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
Capital Auto Protection Services & Input 1 partner to support warranty financing
SubPrime Auto Finance News Staff
Capital Auto Protection Services, a Fort Worth, Texas–based vehicle service contract provider is set to launch a new warranty financing company and is partnering with Input 1 to make sure it goes smoothly for dealer clients. As Capital Auto Protection ... [Read More]
Credit Acceptance sees dealer- and consumer-facing technology as key to next decade
SubPrime Auto Finance News Staff
Vinayak Hegde used a portion of his first annual letter to shareholders as Credit Acceptance CEO to emphasize how much technology is key to continued success of the subprime auto finance company, which closed the year with more than 9,800 ... [Read More]
EFG boosts executive team with new VP of underwriting
SubPrime Auto Finance News Staff
EFG Companies added to its executive team on Tuesday, hiring Karl Nilsen as vice president of underwriting. Bringing more than 20 years of retail automotive underwriting expertise, EFG said Nilsen will partner closely with the company’s chief risk officer and ... [Read More]
Experts dissect impact on auto finance as average gas price reaches $4.14
Nick Zulovich, Senior Editor
AAA reported on Tuesday that the average cost for a gallon of gas in the U.S. hit $4.14, adding fuel to the challenges already happening in multiple parts of auto financing. Experts at Comerica Bank, Cox Automotive and Experian all ... [Read More]
PayNearMe unveils 3 new capabilities of payment platform
SubPrime Auto Finance News Staff
PayNearMe rolled out three new capabilities to its platform last week designed to keep payers in the self-service channel — or bring them back — so that payments can be completed more efficiently. The new capabilities within its PayXM platform ... [Read More]
Carleton survey illuminates ‘compliance confidence crisis’ as states intensify oversight of rate calculations & more
SubPrime Auto Finance News Staff
Carleton said findings from a nationwide survey the provider of compliant loan calculation and disclosure solutions conducted in March showed a “widespread compliance confidence crisis.” What triggered an auto-finance version of March Madness? Carleton explained its survey results stemmed from ... [Read More]
ARA proposes standardized industry guideline for reporting violent incidents
SubPrime Auto Finance News Staff
Ahead of next week’s North American Repossessors Summit (NARS) in Orlando, Fla., the American Recovery Association (ARA) on Thursday established a standardized industry guideline for reporting violent incidents encountered during field recovery operations. Association leadership said this initiative reinforces the ... [Read More]
Resolvion & DRN recap benefits of 15-year partnership and look toward future collaboration
SubPrime Auto Finance News Staff
Let’s review some notable events from 2011. The St. Louis Cardinals won the World Series for the 11th time, then 21-year-old Taylor Swift was named Artist of the Year at the American Music Awards, and Resolvion and Digital Recognition Network ... [Read More]
MBSi partners with LocateSmarter to integrate DMV data into RecoveryConnect
SubPrime Auto Finance News Staff
While two other industry service providers recently celebrated a collaboration that goes back 15 years, MBSi and LocateSmarter announced a partnership that began on Tuesday. The relationship means DMV vehicle registration, location data, and valuable contact information will be integrated ... [Read More]
PCMI’s major transition continues with new general counsel, following CEO & CTO appointments
SubPrime Auto Finance News Staff
The revamp of PCMI’s leadership team continued this week with the hire of a new general counsel. It’s a move that surfaced after the provider of cloud-based administration software for F&I products and service contract programs appointed a new chief ... [Read More]
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