Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
How agentic AI is impacting collections
Thursday, Feb. 5, 2026, 02:21 PM
Agentic AI is among the slew of topics being bandied about this week at NADA Show 2026 in Las Vegas. The subject also was discussed during Used Car Week 2025 in the same city. Used Car Week Hall of Famer ... Listen Here
The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
Listen Here
More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here

PODCAST: Verifying income during times of high unemployment

Jenn Reid at UCW
Friday, Jun. 5, 2020, 02:21 PM
SubPrime Auto Finance News Staff
The U.S. Bureau of Labor Statistics (BLS) reported on Friday morning that nonfarm payroll employment increased by 2.5 million in May, and the unemployment rate declined by 1.4 percentage points to 13.3%. “These improvements in the labor market reflected a ... [Read More]

KBRA cautions finance companies about misuse of contract modifications

business forecasting
Thursday, Jun. 4, 2020, 03:11 PM
SubPrime Auto Finance News Staff
In a separate letter where the firm’s president and chief executive officer acknowledged, “the news will not always be positive,” Kroll Bond Rating Agency (KBRA) compiled a lengthy report this week, examining the potential long-term ramifications of finance companies making ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
Read More

Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
Read More

COMMENTARY: How to improve your compliance framework

best practices
Wednesday, Jun. 3, 2020, 03:03 PM
Vladimir Kovacevic, Inovatec
Many automotive lenders face challenges today associated with maintaining compliance in all facets of their business. Automotive loan compliance requires knowledge of federal regulations that govern applications, processes and practices. While it can be assumed lenders strive to remain compliant to ... [Read More]

PWI unveils VSC enhancements, vehicle reclassifications, plan expansions and product discounts

line-cars-2
Wednesday, Jun. 3, 2020, 02:46 PM
SubPrime Auto Finance News Staff
Preferred Warranties Inc. (PWI) is looking to give dealers more tools as they resume used-vehicle sales in the face of a COVID-19 retail slowdown. The KAR Global business unit on Wednesday announced comprehensive enhancements and savings on protection plan offerings. “Many ... [Read More]

PODCAST: Receivables Management Association International executive director on collections and more

podcast image
Wednesday, Jun. 3, 2020, 02:31 PM
SubPrime Auto Finance News Staff
After being one of the experts who participated during a webinar orchestrated by DRN in April, Receivables Management Association International executive director Jan Stieger discussed collections and more during this special episode of the Auto Remarketing Podcast. Stieger also touched ... [Read More]

Wells Fargo to stop accepting consumer applications from ‘majority’ of independent stores

wells fargo for web
Tuesday, Jun. 2, 2020, 07:58 PM
Nick Zulovich, Senior Editor
Wells Fargo closed 2019 by holding 3.67% of the auto-finance market, according to data from Experian Automotive shared exclusively with SubPrime Auto Finance News. That market share positioned the bank to rank sixth in Experian’s data set. But the decision ... [Read More]

Average new-car APRs drop to levels not seen since 2013; used stays nearly steady

application
Tuesday, Jun. 2, 2020, 02:33 PM
SubPrime Auto Finance News Staff
Edmunds discovered interest rates for new vehicles financed in May dropped to the lowest level seen by the industry in nearly seven years. Meanwhile, Edmunds indicated that rates for used-vehicle financing remain nearly steady compared to both this time last ... [Read More]

MenuMetric, 700Credit finalize F&I integration

partnership gears
Monday, Jun. 1, 2020, 03:05 PM
SubPrime Auto Finance News Staff
MenuMetric and 700Credit recently formed an alliance in an effort to help vehicle dealerships as well as marine, RV, and powersports stores. The provider of credit reports, compliance solutions and consumer pre-qualification products and the web-based F&I menu platform offering ... [Read More]

RISC unveils 2 new state-specific collateral recovery certification courses

latest news
Monday, Jun. 1, 2020, 03:03 PM
SubPrime Auto Finance News Staff
Soon after deciding to waive membership and education fees for current and any new RISC Pro members through July 1, RISC launched two additional, state-specific collateral recovery training courses as part of its growing CARS National Certification Program. The compliance ... [Read More]

Portfolio launches revamped reinsurance website

Portfolio image for website
Friday, May. 29, 2020, 01:52 PM
SubPrime Auto Finance News Staff
Portfolio is looking to make the reinsurance process easier for auto, RV and powersports dealers and independent agents. The dealer participation program provider recently announced the launch of a new website at PortfolioReinsurance.com. Portfolio explained the site was designed to ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X