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Sponsored Episode: Winning Trade-Ins and Trust – Navigating Today’s Affordability Challenges
Friday, Dec. 5, 2025, 03:15 PM
Affordability challenges are reshaping the automotive landscape—vehicle prices and payments are at all-time highs and negative equity is on the rise. In this episode, Micah Tindor offers a data-driven conversation with real-world strategies around acquisition tactics and long-term profitability to ... Listen Here
Sponsored Episode: Winning Talent Strategies for Car Dealerships – with CDK & Industry Leaders
Wednesday, Dec. 3, 2025, 10:00 AM
In this sponsored episode of the Auto Remarketing Podcast, host Bruce Johnson from CDK sits down with Tyler Jones, President of EV Auto, and Joe Brown, CMO at Frank Leta, to explore proven strategies for attracting and retaining top talent ... Listen Here
Dissecting evolving credit scores with Shams Blanc of FICO
Monday, Nov. 24, 2025, 03:34 PM
As much as auto-finance underwriting has become sophisticated, a potential starting point to determine if the applicant will be offered an installment contract is the credit score. Shams Blanc, who is vice president of auto scores at FICO, described the ... Listen Here

Santander completes purchase of $1.1 billion auto loan portfolio

auto finance pic 2
Friday, Jan. 3, 2020, 05:16 PM
SubPrime Auto Finance News Staff
Just before Christmas, Santander Consumer USA Holdings wrapped up the purchase of  a $1.1 billion indirect vehicle loan portfolio from Gateway One Lending & Finance, the finance company announced. Also included in the deal is an additional conversion of $0.5 ... [Read More]

Partnership could bring continued expansion for Westlake Financial

approve
Friday, Jan. 3, 2020, 05:01 PM
SubPrime Auto Finance News Staff
Westlake Financial and Nowcom Corp. say that their new strategic partnership with Source One Financial Corp. allows Westlake expansion to continue in what they say is a large and growing Canadian non-prime automotive finance market. Through the partnership, Westlake will provide backing for ... [Read More]

More 2020 expectations on affordability and interest rates

2020 projections
Friday, Dec. 13, 2019, 04:23 PM
SubPrime Auto Finance News Staff
As part of its expectations for the 2020 credit market, TransUnion acknowledged that issues surrounding vehicle affordability will continue to persist in the coming year. But with the Federal Reserve leaving interest rates unchanged this week — and policymakers alluding ... [Read More]

Kraninger highlights accomplishments during first year leading CPFB

another kraninger picture
Thursday, Dec. 12, 2019, 03:09 PM
SubPrime Auto Finance News Staff
This week, Consumer Financial Protection Bureau director Kathleen Kraninger celebrated her one-year anniversary leading the regulator. Kraninger highlighted through a news release that during her first year she met with more than 800 consumers, consumer groups, state and local government ... [Read More]

Top 10 states for 30-day delinquency in Q3

collections
Wednesday, Dec. 11, 2019, 04:34 PM
SubPrime Auto Finance News Staff
Perhaps signaling locations where your collections department needs to tailor its focus, Experian pinpointed the top 10 states with the highest rates of 30-day delinquency after the third quarter. According to Experian’s Q3 2019 State of the Automotive Finance Market ... [Read More]

EFG Companies reveals 4 predictions about F&I and other dealership activities in 2020

couple-buying-car
Wednesday, Dec. 11, 2019, 04:19 PM
SubPrime Auto Finance News Staff
On Wednesday, four leading executives from EFG Companies made their 2020 predictions and recommendations for the retail automotive and powersports F&I markets. With what they see as potentially another flat year on the horizon, the EFG leaders predicted that the ... [Read More]

KBRA shares expectations for 2020 ABS market

money-stack
Wednesday, Dec. 11, 2019, 04:17 PM
SubPrime Auto Finance News Staff
The Kroll Bond Rating Agency (KBRA) released its 2020 forecast for the automotive asset-backed securities, mentioning how a new participant might generate more activity in this arena. Analysts said in their report shared with SubPrime Auto Finance News this week ... [Read More]

COMMENTARY: Considering an improved auto-loan calculator

approve
Tuesday, Dec. 10, 2019, 04:21 PM
Wendy De La Rosa and Richard Mathera, Common Cents Lab
Recent Federal Reserve data shows that more than 4 million Americans are more than 90 days late on their car loan payments. There are many reasons someone may default on an auto loan: job loss, health emergency or an expensive ... [Read More]

Canadian-based iA Financial expands US warranty presence by purchasing IAS

acquisition
Monday, Dec. 9, 2019, 03:46 PM
SubPrime Auto Finance News Staff
iA Financial Corp., one of Canada’s largest insurance and wealth management companies, secured a larger amount of the dealer warranty business in the United States last week. According to a news release, iA Financial, the holding company of iA Financial ... [Read More]

5 federal agencies now support alternative-data usage

application
Friday, Dec. 6, 2019, 03:53 PM
SubPrime Auto Finance News Staff
If auto-finance companies were not already using alternative data to enhance their underwriting efforts, they appear to have gotten the green light this week from five prominent federal regulators. Those five agencies — the Federal Reserve, the Consumer Financial Protection Bureau ... [Read More]
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