Subprime lags behind Dealertrack Credit Availability Index climb of 5 straight months

Wednesday, Jul. 15, 2026, 09:51 AM

APCO boosts EasyCare footprint via acquisition for second time in less than a week

Tuesday, Jul. 14, 2026, 10:44 AM

SAFCO promotes CFO to president

Monday, Jul. 13, 2026, 11:54 AM

Latest Stories

Acting CFPB director defends changes to ‘out-of-control’ agency during Congressional hearings

Edmunds pinpoints top 20 trades with negative equity in Q2

Auto Data Direct rolls out CarLocate in Texas

The Spark Between EVs & CPO

Thursday, Jul. 16, 2026, 02:46 PM

In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

Vincenzo Ciampi of iA Financial Group

Tuesday, Jun. 30, 2026, 10:53 AM

Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

Ted Berlovich of Clutch

Monday, Jun. 29, 2026, 03:44 PM

Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

Solutions by Text gains $35M investment & new CEO

solutions by text for web

Thursday, Dec. 2, 2021, 03:28 PM

SubPrime Auto Finance News Staff

It’s been quite a week for Solutions by Text, provider of a text messaging platform for consumer financial services institutions. First, the company announced raising of $35 million in growth financing. Edison Partners led the transaction with participation from Stifel ... [Read More]

Experian: Average used financing amount jumps 20% in Q3

growth chart with man

Thursday, Dec. 2, 2021, 03:25 PM

SubPrime Auto Finance News Staff

More evidence of how rising wholesale and retail prices are landing within finance company portfolios arrived on Thursday. According to Experian’s latest State of the Automotive Finance Market report, the average amount financed for a used vehicle jumped more than ... [Read More]

Black Book & CoreLane Technologies collaborate to improve underwriting

car

Wednesday, Dec. 1, 2021, 03:53 PM

SubPrime Auto Finance News Staff

Black Book and CoreLane Technologies now are working together so finance companies have a clear view of the collateral attached to their paper. According to a news release distributed on Tuesday, Black Book announced the integration of its vehicle pricing, ... [Read More]

Portfolio names new VP of sales and marketing

chad at portfolio for web

Wednesday, Dec. 1, 2021, 03:52 PM

SubPrime Auto Finance News Staff

An executive who was part of a company that Portfolio acquired last year now is in a crucial management position. Portfolio named Chad Millspaugh as vice president of sales and marketing, effective immediately. The F&I product provider highlighted that Millspaugh’s ... [Read More]

Following sale close, Exeter expands origination program

Brad Martin Exeter for web

Wednesday, Dec. 1, 2021, 03:49 PM

SubPrime Auto Finance News Staff

Exeter Finance is closing the year with a pair of notable developments announced on Tuesday. The finance company that specializes in subprime paper said it will extend its underwriting reach into the near-prime credit spectrum, effective immediately. Focused on non-prime ... [Read More]

PODCAST: Allied Solutions outlines notable goals for 2022

podcast image

Wednesday, Dec. 1, 2021, 03:46 PM

SubPrime Auto Finance News Staff

Since Used Car Week took place with less than 60 days remaining in the year, two leading executives from Allied Solutions outlined their own professional goals for 2022 and also what the company is looking to accomplish during the next ... [Read More]

PODCAST: Assessing diversity, equity & inclusion with PDP Group’s Deshaun Sheppard

Deshaun Sheppard at UCW

Tuesday, Nov. 30, 2021, 02:51 PM

SubPrime Auto Finance News Staff

Along with being the “excellence of titling execution,” PDP Group account executive Deshaun Sheppard also serves as the diversity, equity and inclusion committee chair for the company that provides title administration solutions for finance companies and other parts of the ... [Read More]

GWC Warranty chooses Wrench as vehicle repair partner

GWC warranty wrench for web

Monday, Nov. 29, 2021, 03:41 PM

SubPrime Auto Finance News Staff

GWC Warranty finalized a relationship on Monday that might make its F&I solutions for used vehicles more appealing for dealership customers, especially ones who prefer at-home or at-work vehicle repairs. GWC Warranty selected Wrench as a new preferred facility repair ... [Read More]

RateGenius: Average refinance rate drops to lowest point of 2021

approve

Monday, Nov. 29, 2021, 03:39 PM

SubPrime Auto Finance News Staff

While consumers with the poor credit profiles didn’t benefit quite as much, RateGenius highlighted through its latest Auto Refinance Rate Report that October contained the lowest average refinancing rate so far this year. [Read More]

KBRA and S&P Global Ratings review latest payment performances

KBRA october chart for web

Tuesday, Nov. 23, 2021, 04:08 PM

SubPrime Auto Finance News Staff

Kroll Bond Rating Agency (KBRA) and S&P Global Ratings each shared their latest observations of contract performance based on metrics collected through the auto ABS market. Analysts at both firms spotted similar patterns. Beginning with S&P Global Ratings, the firm ... [Read More]

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