Loan extensions keep climbing as repo agents now seeing ramifications
Thursday, Apr. 23, 2026, 10:24 AM
4 attorneys decipher developments since FTC sent letters to dealers nationwide
Friday, Apr. 24, 2026, 10:51 AM
VantageScore spots ‘subtle migration’ of consumers toward lower credit tiers in March
Monday, Apr. 27, 2026, 10:37 AM
Latest Stories
FICO’s Shams Blanc on lenders sharpening underwriting & more
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here
Wednesday, Apr. 29, 2026, 03:54 PM
Byron Oldham of Honest Autos & FIADA
Byron Oldham is president of the family-owned Honest Autos dealership and is president of the board at the Florida Independent Automobile Dealers Association. In this episode, Oldham talks with Cherokee Media Group senior editor Joe Overby about the upcoming Southeast ... Listen Here
Monday, Apr. 27, 2026, 07:47 PM
Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’
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
Sunday, Apr. 19, 2026, 04:27 AM
In lieu of 30th anniversary party, AUL celebrates with sales record
Friday, Apr. 23, 2021, 12:25 PM
SubPrime Auto Finance News Staff
The pandemic put the kibosh on any in-person festivities AUL Corp. had planned a year ago to celebrate its 30th anniversary. But the full-service F&I provider certainly is pretty jovial since the company still had reasons to revel thanks to ... [Read More]
Portfolio adds NWAN founder to board of directors
Friday, Apr. 23, 2021, 12:22 PM
SubPrime Auto Finance News Staff
Portfolio’s newest board member certainly has significant familiarity with how the F&I industry functions. The company announced this week that Kelly Price has been appointed executive vice president of strategic ventures and has joined the company’s board of directors. Price ... [Read More]
Auto defaults now below 1% for 15 straight months
Thursday, Apr. 22, 2021, 01:46 PM
SubPrime Auto Finance News Staff
The auto default rate now has been below the 1% level for 15 consecutive months, according to data assembled by S&P Dow Jones Indices and Experian. The streak continued thanks to a small dip in the auto segment of the ... [Read More]
RMAI gives 2 awards as annual conference returns in person
Wednesday, Apr. 21, 2021, 03:58 PM
SubPrime Auto Finance News Staff
In more signs that the industry is returning to some normalcy, the Receivables Management Association International (RMAI) held its 2021 annual conference in Las Vegas earlier this month, welcoming more than 500 attendees in person and another 150 virtual attendees ... [Read More]
Newest ARA whitepaper examines boilerplate clause
Wednesday, Apr. 21, 2021, 03:56 PM
SubPrime Auto Finance News Staff
The American Recovery Association’s relationship with its newest industry partner recently produced more fruit to help members. Through its latest industry whitepaper, ARA highlighted that Bassford Remele takes a closer look at problematic provisions in a boilerplate clause, including: • ... [Read More]
KBRA joins argument saying subprime scene not as bad as portrayed
Wednesday, Apr. 21, 2021, 03:43 PM
SubPrime Auto Finance News Staff
Similar to an extensive response by the American Financial Services Association, Kroll Bond Rating Agency (KBRA) also refuted recent assertions by the Wall Street Journal that extrapolated TransUnion data to say that more than 9% of subprime auto financing was ... [Read More]
COMMENTARY: Simple, effective behavioral-based move to reduce default rates
Tuesday, Apr. 20, 2021, 02:31 PM
Common Cents Lab
Defaults are a bad outcome for both lenders and borrowers, and research shows that the mismatched timing between a person’s income and their bills is one of the most common reasons for these financial shortfalls. A new behavioral science experiment ... [Read More]
Payment Insights from Equifax leverages more alternative data
Monday, Apr. 19, 2021, 02:27 PM
SubPrime Auto Finance News Staff
Equifax recently expanded its offerings connected with alternative data so finance companies still can cater to consumers with thin files or soft credit backgrounds. Developed in partnership with Urjanet, Equifax introduced Payment Insights, a cloud-based solution that promotes greater financial ... [Read More]
SWBC expands auto presence with DIMONT acquisition
Monday, Apr. 19, 2021, 02:25 PM
SubPrime Auto Finance News Staff
SWBC now possesses a stronger foothold in the auto-finance market through acquisition. Last week, SWBC announced that it recently acquired the auto claims division of DIMONT, one of the largest providers of specialty insurance and loan administration services to the ... [Read More]
PODCAST: Risk mitigation in a post-pandemic world
Thursday, Apr. 15, 2021, 02:17 PM
SubPrime Auto Finance News Staff
Thousands of individuals are getting their COVID-19 vaccinations daily, and business activities are gradually getting back toward what they were previously. However, for auto finance companies, there still is not a single anecdote to cure all of their risk, making ... [Read More]
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