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
SCUSA explains how it’s handling ongoing risk
Monday, May. 15, 2017, 03:27 PM
Nick Zulovich, Senior Editor
So far this year, a wide array of investment analysts are asking finance companies that bring in any non-prime or subprime paper about their current risk appetite. Another occasion came when Santander Consumer USA hosted its quarterly conference call recently, ... [Read More]
Credit Acceptance’s risk appetite generates $20M net-income rise
Thursday, May. 11, 2017, 02:31 PM
Nick Zulovich, Senior Editor
Credit Acceptance Corp. appears well aware of the risk the finance company is taking as installment contract dollar amounts as well as terms keep growing. But that risk is certainly paying off — literally — as the company’s first quarter ... [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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S&P pinpoints 2 main risk areas in auto finance
Thursday, May. 11, 2017, 02:26 PM
Nick Zulovich, Senior Editor
S&P Global Ratings recently considered what two specific areas contain the most risk since loosening underwriting resulted in U.S. auto loans and leases rising steadily over the past several years to reach all-time highs in 2016. With more than $1 ... [Read More]
Ally enhances Clearlane via eOriginal’s SmartSign
Thursday, May. 11, 2017, 02:22 PM
SubPrime Auto Finance News Staff
Customers looking to finance or refinance their vehicles through Ally’s newly launched auto finance marketplace, Clearlane, will soon be able to complete financing online through a new digital signing capability. Built on top of its digital transaction management platform, officials ... [Read More]
EFG claims 3 honors during American Business Awards
Thursday, May. 11, 2017, 02:17 PM
SubPrime Auto Finance News Staff
EFG Companies announced earlier this week that the company has achieved national recognition for its efforts across the entire organization. EFG was recognized in the 15th annual American Business Awards, receiving: • Gold in Communications Department of the Year • ... [Read More]
TransUnion sees subprime originations drop 5%
Wednesday, May. 10, 2017, 01:38 PM
SubPrime Auto Finance News Staff
TransUnion’s Industry Insights Report offered clear evidence that auto finance originations are slowing, especially in the subprime space. The credit bureau’s report, powered by Prama analytics and released on Tuesday, indicated that auto finance originations, viewed one quarter in arrears, ... [Read More]
defi SOLUTIONS launches bulk purchase tool
Wednesday, May. 10, 2017, 01:36 PM
SubPrime Auto Finance News Staff
The latest move coming from defi SOLUTIONS is the launch of what the company dubbed defi EXCHANGE, a secure, online portfolio marketplace where sellers of auto finance portfolios can access multiple buyers and manage the entire sales process. The company ... [Read More]
GM Financial sets volume record with Q1 OEM deals
Tuesday, May. 9, 2017, 03:22 PM
Nick Zulovich, Senior Editor
The metrics and performance of General Motors Financial are showing more distinct characteristics of a traditional captive finance company and less of a provider that used to book a significant amount of subprime paper. In fact, GM Financial reported that ... [Read More]
NextGear Capital closes $400M securitization
Monday, May. 8, 2017, 07:34 PM
SubPrime Auto Finance News Staff
NextGear Capital recently announced that the NextGear Floorplan Master Owner Trust successfully completed the sale of $400 million of privately placed 144A Asset-Backed Notes, Series 2017-1. Officials indicated the company’s sixth successful securitization transaction, which further broadens the investor base, ... [Read More]
Mixed assessment of latest House regulatory move
Monday, May. 8, 2017, 03:28 PM
Nick Zulovich, Senior Editor
While plenty of attention went toward the U.S. House voting major changes involving healthcare last week, the House Financial Services Committee passed the Financial CHOICE Act 2.0 — the measure that would greatly modify the Dodd-Frank Act and the Consumer ... [Read More]
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