
As delinquency continues to rise, consumers’ view on buying vehicles deteriorates, too
Tuesday, Oct. 14, 2025, 10:21 AM

Auto credit availability improves slightly again in September
Monday, Oct. 13, 2025, 11:52 AM

Top 10 states where rates on auto financing are rising most
Thursday, Oct. 9, 2025, 11:46 AM
CarMax CMO Sarah Lane on Company’s Journey from Used-Car ‘Challenger’ to ‘Leader’
CarMax chief marketing officer Sarah Lane joins the Auto Remarketing Podcast to talk about the company’s new “Wanna Drive?” branding, its omni-channel buying and selling experience, putting the customer in control and how CarMax sets itself apart in an era ... Listen Here
Friday, Oct. 10, 2025, 02:15 PM
Regulation like vacated CARS Rule rises in California
Many dealers likely cheered when the CARS Rule from the Federal Trade Commission was vacated by a federal court at the beginning of the year. But long-time Arizona independent dealer Ace Christian believed it wouldn’t be long before similar regulations ... Listen Here
Friday, Oct. 10, 2025, 02:00 PM
How EVAI became VMS with co-CEO David Prusinski
David Prusinski is now the co-CEO of Vehicle Management Systems (VMS), which previously operated as EVAI. Prusinski shared about how the company arrived at its new brand and what might be ahead for the provider of data analytics and artificial ... Listen Here
Monday, Oct. 6, 2025, 07:40 PM
5 F&I predictions for 2018 from EFG Companies
Tuesday, Nov. 28, 2017, 04:11 PM
SubPrime Auto Finance News Staff
Now that the Thanksgiving turkey has been devoured and the holiday season is in full swing, EFG Companies is looking ahead to 2018, offering its predictions and recommendations for the retail automotive and powersports F&I market. Company leaders highlighted these ... [Read More]
defi SOLUTIONS adds another award to its mantle
Wednesday, Nov. 22, 2017, 02:28 PM
SubPrime Auto Finance News Staff
It’s indeed a time to be thankful within the team at defi SOLUTIONS. The company shared that it recently collected another industry honor, being awarded a spot on the 2017 Dallas Morning News Top 100 Places to Work. This is ... [Read More]
October defaults continue cyclical pattern, climbing another 6 basis points
Tuesday, Nov. 21, 2017, 04:09 PM
SubPrime Auto Finance News Staff
Continuing a cyclical pattern S&P and Experian analysts have seen for nearly a decade, the auto finance default rate moved higher in October; and actually to the highest level in almost three years. According to the auto finance component of ... [Read More]
Originations slow for fourth straight quarter
Monday, Nov. 20, 2017, 04:02 PM
SubPrime Auto Finance News Staff
It’s no secret that the auto finance industry is taking its collective foot off of the origination accelerator. In fact, TransUnion now has seen originations soften on a year-over-year basis for four quarters in a row. Displayed one quarter in ... [Read More]
Richard Cordray to step down from CFPB post before end of month
Wednesday, Nov. 15, 2017, 05:42 PM
Sarah Rubenoff, SubPrime Auto Finance News Correspondent
It was reported by CNBC and other news outlets early Wednesday afternoon that director of the Consumer Financial Protection Bureau Richard Cordray would be stepping down from his position by the end of the month. The news first surfaced in ... [Read More]
TransUnion acquires FactorTrust
Wednesday, Nov. 15, 2017, 01:25 PM
SubPrime Auto Finance News Staff
The company that deemed itself an alternative credit bureau now is a part of what traditionally has been one of the Big 3 credit history providers. Late on Tuesday, TransUnion announced the acquisition of Used Car Week sponsor FactorTrust, a ... [Read More]
RISC makes comprehensive repossession lot inspection reports available
Tuesday, Nov. 14, 2017, 05:13 AM
SubPrime Auto Finance News Staff
The leadership at Recovery Industry Services Co. (RISC) heard panel discussions and networking dialogue from industry participants during Used Car Week about the importance of compliance for third-party vendors. The situation reinforced why RISC rolled out its latest offering on ... [Read More]
DRN’s LPR data now included in masterQueue’s dashboard
Tuesday, Nov. 14, 2017, 05:09 AM
SubPrime Auto Finance News Staff
One of the benefits of Used Car Week is the networking that happens among auto finance service providers. Some of the fruit of that ongoing networking between two of Used Car Week’s staunchest supporters ripened on Monday. Digital Recognition Network ... [Read More]
Traffic Control CRM upgrades tool to handle ‘We Owe’ and other F&I fulfillments
Thursday, Nov. 9, 2017, 03:46 PM
SubPrime Auto Finance News Staff
Traffic Control, a solution for dealers retailing 50 to 150 vehicles a month, this week announced new features for improving multiple F&I-related steps to enhance deal cash flow, employee efficiency and customer satisfaction. Traffic Control CRM now features e-document technology ... [Read More]
Credit Acceptance responds to accounting and salesforce questions
Thursday, Nov. 9, 2017, 03:38 PM
Nick Zulovich, Senior Editor
Beyond its originations and collections activities, Wall Street observers questioned Credit Acceptance Corp. leadership about two specific operational areas when executives discussed their third-quarter results. Investment analysts wanted to know about Credit Acceptance’s strategy for adding to its sales force ... [Read More]
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