Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
What might be next for Amazon Autos
Thursday, Jan. 15, 2026, 03:52 PM
Cherokee Media Group’s Bill Zadeits hosted a fireside chat with Fan Jin, global leader of Amazon Autos, during Used Car Week 2025. Their wide-ranging conversation about the past, present and future of the online platform and its involvement with automakers ... Listen Here
Auto-finance leaders on growth, risk & recovery
Thursday, Jan. 15, 2026, 03:07 PM
It’s a question any business must answer, but it’s especially important in auto finance. How do you balance growth and risk? A trio of industry executives — Mike Goins of TD Bank, Jeff Marsh of Millennium Capital and Recovery and ... Listen Here
Expectations for repossessions in the US & Canada with Purr’s Chris Schellenberger
Wednesday, Jan. 14, 2026, 07:48 PM
Purr founder and CEO Chris Schellenberger opened Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Schellenberger, whose unique business model offers a retail consignment platform for repossessed vehicles, discussed what the repo industry could be ... Listen Here

Location Services adds 2 new executives to management team

Location Services headshots for web
Tuesday, May. 19, 2020, 06:42 PM
SubPrime Auto Finance News Staff
Location Services made two significant additions to its senior leadership team on Tuesday. The provider of loss mitigation solutions for the financial services industry brought on Jose Delgado as chief client officer and Mohit Mahajan as chief information officer. Delaware ... [Read More]

KBRA leverages latest ABS data to estimate payment frequency

chart
Tuesday, May. 19, 2020, 02:53 PM
SubPrime Auto Finance News Staff
Kroll Bond Rating Agency (KBRA) used the research for its latest auto-finance securitization indices to gauge the volume of both prime and non-prime retail installment contract holders maintaining their payments, at least for the March recording period. At least for ... [Read More]

Consumer complaints to CFPB hit record volume during pandemic

another kraninger picture
Monday, May. 18, 2020, 03:51 PM
SubPrime Auto Finance News Staff
Consumer Financial Protection Bureau director Kathleen Kraninger had a busy public agenda last week, sharing remarks at National Association of Realtors 2020 legislative meetings as well as the public meeting of the Financial Literacy and Education Commission, along with a ... [Read More]

DOWC enhances 360Shield solutions new antimicrobial products

360 Shield combo for web
Monday, May. 18, 2020, 03:49 PM
SubPrime Auto Finance News Staff
For the second time this month, Dealer Owned Warranty Co. (DOWC) enhanced its menu of F&I products. Coming on the heels of introducing NitroShield, a complete tire and wheel protection product, DOWC on Friday rolled out new 360Shield protection solutions ... [Read More]

COMMENTARY: Where F&I can help increase successful contactless transactions

strategy picture
Friday, May. 15, 2020, 03:37 PM
Tim Blochowiak, Protective Asset Protection
Since the widespread containment efforts caused by COVID-19, dealerships have been among the hardest-hit industries. Much of this is as a result of dealerships either being forced to close, limited to online sales, or if they’re still open the virus ... [Read More]

Auto ABS ratings from 10 subprime finance companies now on CreditWatch negative

cash and coronavirus
Thursday, May. 14, 2020, 02:44 PM
SubPrime Auto Finance News Staff
S&P Global Ratings is keeping an even closer watch on subprime auto financing with the coronavirus pandemic still paralyzing the economy. This week, the firm placed its ratings on 33 classes of U.S. subprime auto ABS ratings across 26 transactions ... [Read More]

2 moves by PossibleNOW to help call-center productivity

collections
Wednesday, May. 13, 2020, 03:08 PM
SubPrime Auto Finance News Staff
PossibleNOW made a pair of moves that could help collections departments be more successful with the call efforts. The provider of direct marketing compliance, enterprise consent and preference management solutions, announced a partnership with Numeracle, a developer within call blocking ... [Read More]

Portfolio: Antimicrobial treatments gaining momentum in F&I

car-interior
Wednesday, May. 13, 2020, 03:00 PM
SubPrime Auto Finance News Staff
Portfolio highlighted buyers who are financing their purchase nowadays are acquiring more than just GAP protection or vehicle service contracts from the F&I office. According to internal data from the national provider and administrator of F&I products and dealer participation ... [Read More]

Equifax: Delinquency ‘not as high as it could be’

Equifax image
Wednesday, May. 13, 2020, 02:58 PM
Nick Zulovich, Senior Editor
Equifax shared its latest look at auto-finance delinquency based on data available through April 28. While experts said their overall delinquency reading is “not as high as we were anticipating it could be,” Equifax did find younger customers are navigating ... [Read More]

Edmunds spots 2 negative-equity records arriving in April

Ivan Drury at UCW
Tuesday, May. 12, 2020, 02:18 PM
SubPrime Auto Finance News Staff
Finance companies are rolling record amounts of negative equity into the new-vehicle paper they’re originating nowadays. While providers might be prudent as to how deep down the credit spectrum the most generous new-model offers are extended, Edmunds reported on Tuesday ... [Read More]
X