As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...
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PODCAST: Why Agora Data’s Steve Burke is so bullish about automotive
Tuesday, Jul. 1, 2025, 09:44 AM

2025 Non-Prime Automotive Financing Industry Survey is ‘more than just numbers’
Monday, Jun. 30, 2025, 10:17 AM

COMMENTARY: Is your payments platform safeguarding compliance?
Thursday, Jun. 26, 2025, 07:07 AM
Additional subprime paper impacts November ABS readings
Friday, Jan. 5, 2018, 01:32 PM
SubPrime Auto Finance News Staff
S&P Global Ratings described what more subprime paper flowing into the auto loan asset-backed securities (ABS) market did to its readings for November. According to a report published this week, the overall ABS market enjoyed some “mild” improvements in November. Analysts ... [Read More]
Prospects for interest rates doubling in 2 years
Thursday, Jan. 4, 2018, 03:55 PM
SubPrime Auto Finance News Staff
Two participants on the Federal Open Market Committee (FOMC) at the Federal Reserve see the target range for the federal funds rate surpassing 4 percent in 2020 with nine other policymakers anticipating that the reading hits at least 3 percent ... [Read More]
Resource Hub
Best Practices, Ideas, and Tools for Business
Out-of-State Titling: 12 Steps Every Title Clerk Should Follow (The Easy Way)
Out-of-state titling isn’t easy. With every state having different DMV requirements, document packets, and deadlines, it’s easy for mistakes to...
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Free Guide: How Smart Dealers Can Profit from Customer Car Insurance
Turn Customer Auto Insurance into Dealership Profit If you're not profiting from auto insurance in your dealership, now’s the time...
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Go In-House With Your Photos
Your Photo Vendor Didn’t Show Up Again? Let’s Fix That. Stop relying on vendors and start owning your inventory. This...
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The Auto Dealer’s Complete Checklist for Evaluating AI
The Auto Dealer’s Complete Checklist for Evaluating AI highlights key questions dealership leaders should ask technology partners during the selection...
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Dealer Guide: Selecting the Right Auto Logistics Partner
In retail automotive, your transport provider isn’t just moving cars — they’re moving your business forward. Every delayed delivery, damaged...
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Case Management Made Easy: Harnessing the Power of Technology
Lenders are grappling with record-high automotive loan delinquencies, all while navigating budget constraints, staffing shortages and more. To overcome these...
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Average transaction prices for new models set new high
Wednesday, Jan. 3, 2018, 04:16 PM
SubPrime Auto Finance News Staff
The risk auto finance companies absorbed when taking on new-vehicle paper certainly didn’t wane as 2017 closed. On Tuesday, analysts at Kelley Blue Book reported the estimated average transaction price (ATP) for light vehicles in the United States came in ... [Read More]
DriveTime seeking new CEO to replace Fidel
Wednesday, Jan. 3, 2018, 02:23 PM
SubPrime Auto Finance News Staff
DriveTime on Tuesday morning announced an executive succession process. The company said DriveTime chief executive officer Ray Fidel entered into definitive agreements in late November for Fidel's transition out of his role as CEO in December. DriveTime indicated the transition ... [Read More]
November auto defaults hold steady
Tuesday, Jan. 2, 2018, 03:26 PM
SubPrime Auto Finance News Staff
In the midst of the holiday break, analysts from S&P Dow Jones Indices and Experian released an update on auto finance defaults through November. Fortunately, what they spotted shouldn’t give the industry an unwanted jolt to start regular business operations ... [Read More]
RouteOne and TFS collaborate on contract with remotely captured electronic signature
Friday, Dec. 15, 2017, 02:39 PM
SubPrime Auto Finance News Staff
The days of needing a black-ink pen to finalize auto financing documents appear to be dwindling. RouteOne announced this week that it has successfully processed what the company claims is the automotive finance industry’s first remotely captured, electronic customer signature ... [Read More]
FTC reaches settlement with Texas Toyota dealer over deceptive ads in Spanish newspaper
Thursday, Dec. 14, 2017, 02:59 PM
SubPrime Auto Finance News Staff
The complexities of advertising finance terms in a language other than English landed a dealership in regulatory problems with the Federal Trade Commission. Cowboy AG, a Dallas company doing business as Cowboy Toyota and Cowboy Scion, recently agreed to settle FTC ... [Read More]
2 Cox Automotive economists dissect implications of third interest-rate rise of 2017
Wednesday, Dec. 13, 2017, 09:08 PM
Nick Zulovich, Senior Editor
For the third time this year, the Federal Open Market Committee (FOMC) at the Federal Reserve opted to push the target range for the federal funds rate higher by another 25 basis points to leave the reading at 1.25 percent ... [Read More]
4 new enhancements to Spireon’s GPS solution
Wednesday, Dec. 13, 2017, 04:41 PM
SubPrime Auto Finance News Staff
Spireon rolled out four enhancements to its GoldStar GPS solution on Wednesday designed to help mitigate risk and enhance repossession and recovery activities of large buy-here, pay-here dealerships and finance companies that originate contracts with subprime customers. The company also ... [Read More]
ActivEngage enhances chat capability with 700Credit integration
Wednesday, Dec. 13, 2017, 03:50 PM
SubPrime Auto Finance News Staff
Now dealers can converse online with potential buyers more robustly about how their financial standing might translate into a vehicle delivery. ActivEngage recently integrated with 700Credit to offer the ability to pull credit inside chat conversations. The feature will be ... [Read More]
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