Edmunds on why appeal of used EVs could surge as gas prices keep rising & affordability remains challenging

Wednesday, Mar. 11, 2026, 10:30 AM

PODCAST: Carleton’s Tim Yalich on how critical accurate payment information is to today’s car shoppers

Tuesday, Mar. 10, 2026, 10:57 AM

Already the top factor holding back dealership business, potential economic headwinds build

Monday, Mar. 9, 2026, 10:53 AM

Latest Stories

Edge Financial Services names Marohn as CEO to lead growth strategy

Another former T-Mobile executive joins Credit Acceptance

NAF Association collecting nominations for awards to be given during 30th annual conference

Industry Elite: Sean Morgan of Westlake Financial

Monday, Mar. 23, 2026, 03:07 PM

Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here

Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings

Monday, Mar. 23, 2026, 01:56 PM

Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here

Industry Elite: Mike Clark Jr. of C&C Cars

Friday, Mar. 20, 2026, 03:50 PM

Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business ... Listen Here

NAF Association pledges to maintain conference quality

business handshake

Tuesday, Apr. 25, 2017, 02:57 PM

Nick Zulovich, Senior Editor

The National Automotive Finance Association is organizing the 21st annual Non-Prime Auto Financing Conference with the same mandate organization leadership has held for more than two decades. “This is the industry event where all the non-prime auto financing company executives ... [Read More]

CPS’ positive-earnings streak reaches 23 straight quarters

arrow up money

Monday, Apr. 24, 2017, 03:00 PM

Nick Zulovich, Senior Editor

Consumer Portfolio Services chairman and chief executive officer Brad Bradley likes the position where the subprime auto finance company sits after the first quarter. And it’s not just because CPS posted its 23rd consecutive quarter of positive earnings. Bradley pointed ... [Read More]

Space Coast Credit Union honors 6 dealers with Watchdog Award

Award

Monday, Apr. 24, 2017, 02:42 PM

SubPrime Auto Finance News Staff

Space Coast Credit Union recently honored six local dealers with its Watchdog Dealer of the Year Award, recognizing the superior service they provided to SCCU members in 2016. Officials highlighted the award — which has been presented annually to local ... [Read More]

2 new relationships designed to boost originations and payments

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Friday, Apr. 21, 2017, 02:43 PM

SubPrime Auto Finance News Staff

A quartet of auto finance technology firms collaborated this week on a pair of relationships aimed at enhancing both originations and payments. First, Payix and Nortridge Software announced they formed a strategic alliance to help finance companies connect with their ... [Read More]

Considering if subprime is the ‘canary in the coalmine’

subprime clouds_15

Thursday, Apr. 20, 2017, 02:19 PM

SubPrime Auto Finance News Staff

Financial advising firm UBS used the grim illustration of the “canary in the coalmine” at the beginning of a report it released this week involving the subprime auto finance space. To recap, that illustration stems from miners using caged canaries ... [Read More]

Efforts by Equifax & GM Financial to improve finance knowledge

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Tuesday, Apr. 18, 2017, 02:15 PM

SubPrime Auto Finance News Staff

A recent Equifax survey indicated most consumers who participated do not place themselves at the head of the class when it comes to financial literacy. Auto finance companies such as General Motors Financial are putting initiatives in motion to coincide ... [Read More]

PointPredictive enhances DealerTrace to combat fraud

audit pic

Tuesday, Apr. 18, 2017, 02:13 PM

SubPrime Auto Finance News Staff

PointPredictive recently announced the general availability of an enhanced version of DealerTrace, a comprehensive consortium-based analytic solution designed to provide auto finance companies with a dealer-level, holistic view of fraud and early payment default risk. The firm explained this solution ... [Read More]

6 FTC initiatives meant to eliminate wasteful regulations

Federal Trade Commission

Tuesday, Apr. 18, 2017, 02:12 PM

SubPrime Auto Finance News Staff

Along with planning a workshop to examine financial issues and scams that can affect military consumers, the Federal Trade Commission said this week it is moving “aggressively” to implement presidential directives aimed at eliminating wasteful, unnecessary regulations and processes. Acting ... [Read More]

5 changes toward the Consumer Financial Opportunity Agency

hensarling for SPN

Monday, Apr. 17, 2017, 02:49 PM

SubPrime Auto Finance News Staff

Last summer, Rep. Jeb Hensarling, the Texas Republican who also is the U.S. House Financial Services Committee chairman, introduced a plan he described as a way to replace the Dodd-Frank Act and promote economic growth. This spring, the outspoken critic ... [Read More]

Another view of vehicle values & recovery rates

money car

Thursday, Apr. 13, 2017, 02:32 PM

Nick Zulovich, Senior Editor

Cox Automotive chief economist Tom Webb cautioned watchers of the auto ABS market as well as managers who compute severity of loss at finance companies. Webb insisted that softening wholesale values and what vehicles might be fetching at the auction ... [Read More]

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