AFSA & NIADA welcome halt of discretionary publication of complaint narratives & visualizations by CFPB
Monday, Aug. 17, 2026, 10:34 AM
DriveItAway posts highest monthly revenue in company history
Friday, Aug. 14, 2026, 10:26 AM
Credit Acceptance plucks Amazon AI expert to be CTO
Thursday, Aug. 13, 2026, 09:48 AM
Deeper dive into rising LTVs with TransUnion’s Satyan Merchant
One of the notable findings from TransUnion’s Q2 2026 Credit Industry Insights Report (CIIR) was how much loan-to-value ratios have changed in the past five years. Satyan Merchant, one of this year’s Automotive Intelligence Award recipients and senior vice president ... Listen Here
PayNearMe chief product officer John Minor on intersection of payments & technology
PayNearMe recently shared new search, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about ... Listen Here
Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
Latest Black Book white paper offers 4 subprime success strategies
SubPrime Auto Finance News Staff
While some auto finance companies are backing off their originations in the subprime space as TransUnion articulated earlier this week, Black Book is arming managers and underwriting departments with new analysis for institutions still looking to add paper developing in ... [Read More]
Executive roundup: New CFOs at GM Financial and Nicholas Financial
SubPrime Auto Finance News Staff
This week, both General Motors Financial and Nicholas Financial disclosed changes regarding the executives serving as chief financial officers. While Nicholas Financial also highlighted how its plans to enhance originations, a filing with the Securities and Exchange Commission showed GM ... [Read More]
Partnership rundown: Expansions at LAUNCHER.SOLUTIONS and F&I Express
SubPrime Auto Finance News Staff
Both LAUNCHER.SOLUTIONS and F&I Express each enhanced their offerings for dealerships and finance companies by adding more industry partners. LAUNCHER.SOLUTIONS, a technology provider specializing in subprime auto finance originations, recently announced that it has added Kelley Blue Book to its ... [Read More]
TransUnion’s Q4 data shows ‘correction’ in auto finance
Nick Zulovich, Senior Editor
Brian Landau, senior vice president and automotive business leader at TransUnion, needed just one descriptive moniker to summarize the auto finance data from the fourth quarter — a correction. The auto finance portion of TransUnion’s Q4 2017 Industry Insights Report ... [Read More]
House bill passes that clarifies interest rates when contracts are sold by originating institution
SubPrime Auto Finance News Staff
This past week, the House of Representatives passed two strongly bipartisan bills from the Financial Services Committee, one of which could have a significant impact on auto financing. Lawmakers highlighted that H.R. 3299 — the Protecting Consumers’ Access to Credit ... [Read More]
Top 20 cities that spend the most and least on vehicles
SubPrime Auto Finance News Staff
Consumers taking delivery of financed vehicles in places like Texas appear to be spending more for their units than in places like California, according to the latest analysis from personal finance website WalletHub. Contained in the first-quarter installment of its ... [Read More]
6 questions to ask about your data security processes
SubPrime Auto Finance News Staff
Security for dealers and finance companies nowadays involves much more than just locking vehicles, the showroom and front door each night. In fact, EFG Companies recently highlighted that data security is one of the largest areas of concern in 2018 ... [Read More]
Equifax: Why finance companies are using verification tools at record levels
Lou Loquasto, Equifax
Reading headlines from major media outlets this past summer, it might seem as though auto finance companies didn’t understand the importance of verifying income and employment information provided by applicants. Everything was written from auto finance companies being fraudsters to ... [Read More]
Neeb takes over as CEO of ACA International
SubPrime Auto Finance News Staff
This week, Mark Neeb officially became the chief executive officer of ACA International, the Association of Credit and Collection Professionals. Neeb brings to the association nearly 40 years of corporate strategy experience, including 28 years specifically working in the credit ... [Read More]
Credit unions generate record-setting originations pace in 2017
SubPrime Auto Finance News Staff
Credit unions continue to make significant strides in booking retail installment sales contracts and vehicle leases. CU Direct and GrooveCar’s CU Xpress Lease recently highlighted just how much success they enjoyed in 2017. In fact at CU Direct, 2017 represented a ... [Read More]
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