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Cutting keys & cutting costs during repossessions and recoveries
Wednesday, Dec. 10, 2025, 04:42 PM
Drawing standing-room-only attendance in the second-largest setting at Used Car Week 2025, Ryan Miller led a six-executive panel session that focused on one of the most complex challenges in all of repossessions and recoveries. Now available through this episode of ... Listen Here
Four experts on automotive & the economy
Wednesday, Dec. 10, 2025, 04:39 PM
Used Car Week 2025 again brought together experts who can explain which parts of the economy impact automotive most. This year’s event included views from Laura Wehunt of Black Book, Tim Gill of the American Financial Services Association, T.J. Cox ... Listen Here
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

2 reasons why auto finance stabilized in Q1

auto finance pic 2
Monday, May. 14, 2018, 02:52 PM
Nick Zulovich, Senior Editor
Brian Landau, senior vice president and automotive business leader at TransUnion, again used a single word to summarize the latest quarterly auto finance information he and his team assembled. Landau decided the first-quarter moniker should be stabilization. Landau explained his ... [Read More]

3 executive moves at GrooveCar as credit-union member reach jumps nearly 60%

board-room
Friday, May. 11, 2018, 03:31 PM
SubPrime Auto Finance News Staff
As the number of credit union members its platform now can reach swelled nearly 60 percent year-over-year, GrooveCar adjusted its executive team with additional resources to support its credit union partners. Three new management positions highlight GrooveCar’s increased focus on ... [Read More]

New Swaplease.com cost analysis reinforces leasing benefits

lease verus buy
Friday, May. 11, 2018, 02:39 PM
SubPrime Auto Finance News Staff
Despite all the cash being thrown on hoods nowadays, it appears the numbers still tilt to benefit leasing. Swapalease.com recently shared new data that show lease payments would still be more attractive than installment contract payments even after dealers and ... [Read More]

Ally lands another major relationship; this time with Sonic’s EchoPark

dealership and couple
Thursday, May. 10, 2018, 02:24 PM
SubPrime Auto Finance News Staff
Ally Financial is continuing to diversify its relationship portfolio. Adding to a parade of developments since the beginning of the year, Ally announced on Thursday that it has signed an agreement with Sonic Automotive. Effective this month, Ally will be ... [Read More]

House passes resolution effectively repealing CFPB vehicle finance guidance

capitol hill
Wednesday, May. 9, 2018, 03:27 PM
SubPrime Auto Finance News Staff
Now it just needs President Trump’s signature. Much to the delight of industry leaders, the U.S. House of Representatives voted on Tuesday to repeal the Bureau of Consumer Financial Protection’s controversial 2013 guidance on indirect auto financing. The House approved ... [Read More]

NY attorney general — an aggressor in automotive regulation — resigns amid abuse allegations

new york AG for web
Tuesday, May. 8, 2018, 02:22 PM
SubPrime Auto Finance News Staff
An attorney general who previously had taken aggressive regulatory and enforcement actions within the automotive space has resigned amid allegations of physical abuse against women. According to a report published on Monday afternoon in The New Yorker, New York attorney general ... [Read More]

Tennessee executive receives AFSA’s Outstanding Independent Award

AFSA independent award for web
Monday, May. 7, 2018, 03:37 PM
SubPrime Auto Finance News Staff
The American Financial Services Association recently held its 2018 Independents Conference & Exposition in Ft. Lauderdale, Fla., an event that brings together institutions that oftentimes offer auto financing as well as other types of personal loans. AFSA handed out its ... [Read More]

DIMONT recaps 4 key Q1 achievements as part of growth strategy

chart
Monday, May. 7, 2018, 03:32 PM
SubPrime Auto Finance News Staff
The first quarter went quite well for DIMONT. The Dallas-based provider of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto financing industries announced it achieved four key milestones in Q1. The developments included: — Processing ... [Read More]

Megasys enhances partnership with Dealertrack

partnership picture
Friday, May. 4, 2018, 03:19 PM
SubPrime Auto Finance News Staff
Megasys and Dealertrack now are collaborating even more; a development that might be especially beneficial to subprime auto finance companies. Megasys, a provider of complete loan servicing systems for the consumer finance industry, announced this week a new facet of its ... [Read More]

Fed passes on latest chance to raise interest rates

Federal reserve
Friday, May. 4, 2018, 03:18 PM
SubPrime Auto Finance News Staff
At least for another month, auto finance companies won’t necessarily have to modify the interest rates they charge because of the latest decision by the Federal Reserve. Thanks to unanimous approval by all eight members of the Federal Open Market ... [Read More]
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