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SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here

Sixth Street to acquire Global Lending Services

SubPrime Auto Finance News Staff
Evidently the investment world isn’t completely sour on subprime auto financing despite what’s transpired in the industry segment recently. On Wednesday afternoon, Global Lending Services (GLS) announced it has entered into a definitive agreement to be acquired by Sixth Street, ... [Read More]

DRN, MVTRAC & SCM make multiple moves to improve positions with lenders & repo agents

SubPrime Auto Finance News Staff
DRN, MVTRAC and Secure Collateral Management (SCM) made multiple moves recently to enhance their services to auto-finance companies and their relationships with repossession agents. First, DRN and Loanbridge formed a partnership, as Loanbridge data is now integrated into DRN’s monitoring, ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
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Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
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Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
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Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
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The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
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Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
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Dealer Playbook: 5 Takeaways for Auto Retailers Using AI

The May issue of Auto Remarketing — “Shifting Gears: AI’s Role in Retail Automotive” — explores how top auto retailers...
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Agora Data and DealerCenter to deploy nationwide integration

SubPrime Auto Finance News Staff
On Tuesday, Agora Data teamed up with DealerCenter to form a strategic partnership designed to empower dealers with enhanced tools and resources to obtain capital, streamline operations, and grow their businesses. According to a news release, more than 20,000 dealers ... [Read More]

Edmunds spots 3 new records connected to negative equity in Q3

SubPrime Auto Finance News Staff
The newest auto-finance data Edmunds released on Wednesday focused specifically on new-vehicle purchases and excluded used. But it still showed the conundrum lenders are facing nowadays associated with average negative equity, which climbed to an all-time high in the third ... [Read More]

As delinquency continues to rise, consumers’ view on buying vehicles deteriorates, too

Nick Zulovich, Senior Editor
Signals about what happens before and after a vehicle is delivered and financed aren’t so rosy. Cox Automotive chief economist Jonathan Smoke pointed out that the initial October reading of consumer sentiment from the University of Michigan showed, “Consumers’ views ... [Read More]

Auto credit availability improves slightly again in September

SubPrime Auto Finance News Staff
Perhaps because of automotive market and general economic turbulence, there might be some tightening of underwriting by finance companies. The Dealertrack Credit Availability Index showed that development has yet to come based on Cox Automotive data gathered in September. The ... [Read More]

More than 6 investors push $50M Series B funding into Yendo to grow beyond vehicle-secured credit card

SubPrime Auto Finance News Staff
Loans connected with vehicle titles aren’t new. But Yendo announced a $50 million Series B funding round on Thursday to fuel its efforts to grow as a company that claims to be behind the first-ever vehicle-secured credit card. According to ... [Read More]

Top 10 states where rates on auto financing are rising most

NextGear Capital
SubPrime Auto Finance News Staff
For individuals residing in Wyoming, they’re having to “cowboy up” for their auto financing, according to new research shared on Thursday by WalletHub. WalletHub recently reported average interest rates on auto loans aren’t rising evenly across the country. To identify ... [Read More]

Bell & Williams taps RISC for compliance monitoring

SubPrime Auto Finance News Staff
According to a post on social media, Bell & Williams Associates has selected Recovery Industry Services Co. (RISC) as its exclusive partner for third-party recovery agent compliance monitoring. In a move that was effective Oct. 1, RISC will manage all ... [Read More]

Carputty launches Flexloan in partnership with Westlake to reach more non-prime consumers

SubPrime Auto Finance News Staff
On Tuesday, Carputty announced the launch of Flexloan, a new product that the fintech company said “significantly expands” the namesake’s addressable market. In partnership with Westlake Direct, a division of Westlake Financial, Carputty has introduced Flexloan, which is a product ... [Read More]

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