Loan extensions keep climbing as repo agents now seeing ramifications
Thursday, Apr. 23, 2026, 10:24 AM
4 attorneys decipher developments since FTC sent letters to dealers nationwide
Friday, Apr. 24, 2026, 10:51 AM
VantageScore spots ‘subtle migration’ of consumers toward lower credit tiers in March
Monday, Apr. 27, 2026, 10:37 AM
Byron Oldham of Honest Autos & FIADA
Byron Oldham is president of the family-owned Honest Autos dealership and is president of the board at the Florida Independent Automobile Dealers Association. In this episode, Oldham talks with Cherokee Media Group senior editor Joe Overby about the upcoming Southeast ... Listen Here
Monday, Apr. 27, 2026, 07:47 PM
Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’
Kathi Kruse, the Automotive CFO-To-Go who brings her financial expertise — born through years of experience as a dealership chief financial officer — to dealers needing help in that area, is back on the Auto Remarketing Podcast. In this episode, ... Listen Here
Sunday, Apr. 19, 2026, 04:27 AM
Talking about the car business in the US & Canada with Peter Smith of the Lion Partnership
As Cherokee Media Group was getting ready to host the Used Car Industry Summit in Miami, Peter Smith of the Lion Partnership spent some time with Nick Zulovich for this episode of the Auto Remarketing Podcast. Smith recapped some of ... Listen Here
Monday, Apr. 13, 2026, 03:50 PM
Organizations upbeat about auto refinancing outlook
Wednesday, Apr. 30, 2025, 10:37 AM
SubPrime Auto Finance News Staff
While the Federal Reserve hasn’t lowered interest rates yet this year, institutions that participate in auto refinancing are upbeat about the volume they could generate in the coming months. Two examples of the bullish perspective recently came from iLending and ... [Read More]
Consumer sentiment continues to sag as even prime auto ABS experiences turbulence
Tuesday, Apr. 29, 2025, 10:19 AM
Nick Zulovich, Senior Editor
Federal Reserve chair Jerome Powell quipped during an appearance at the Economic Club of Chicago earlier this month, saying, “As that great Chicagoan Ferris Bueller once noted, ‘Life moves pretty fast.’” Nowadays, many consumers don’t appear to be liking how ... [Read More]
VantageScore generates record 41.7 billion credit scores in 2024
Monday, Apr. 28, 2025, 10:18 AM
SubPrime Auto Finance News Staff
The latest Charles River Associates analysis released on Monday showed that VantageScore credit score usage is up sharply by 55% year-over-year to a record 41.7 billion credit scores delivered in 2024. That’s up from 26.9 billion in 2023, as lenders ... [Read More]
CFPB withdraws from lawsuit against Credit Acceptance
Thursday, Apr. 24, 2025, 10:52 PM
Nick Zulovich, Senior Editor
Immediately drawing applause from the American Financial Services Association, Credit Acceptance announced late on Thursday that a lawsuit involving the Consumer Financial Protection Bureau (CFPB) took a positive turn for the subprime auto finance company. According to a news release ... [Read More]
With trillions of debt outstanding in auto & beyond, 35% of consumers can’t pay on time
Thursday, Apr. 24, 2025, 10:32 AM
SubPrime Auto Finance News Staff
According to Experian’s State of the Automotive Finance Market Q4 2024, the outstanding balances connected to auto financing grew from $1.106 trillion at the close of 2018 to $1.485 trillion at the end of last year. And to finish 2024, ... [Read More]
With Fed still seeing growth at ‘solid pace,’ Fitch expects credit deterioration
Tuesday, Apr. 22, 2025, 10:12 PM
SubPrime Auto Finance News Staff
Fitch Ratings predicted on Friday that the Federal Reserve likely won’t trim interest rates again until the fourth quarter, while U.S. credit trends are likely to deteriorate during the second half of the year. And on Tuesday, Fed Governor Adriana ... [Read More]
PODCAST: Meet the Metreys, a father-son pair deeply involved in auto compliance
Tuesday, Apr. 22, 2025, 09:29 AM
SubPrime Auto Finance News Staff
There are scores of examples in automotive where the parent handed over the family business to a son or daughter or they followed the same professional path. Auctions, dealerships, and service centers come to mind. But what about the legal ... [Read More]
6 benefits from MVTRAC-RISC partnership
Monday, Apr. 21, 2025, 10:37 AM
SubPrime Auto Finance News Staff
MVTRAC and Recovery Industry Services Company (RISC) highlighted six benefits of their partnership designed to streamline workflows, reduce administrative overhead, and cultivate a compliant and effective network of repossession agents. Among the key automations and workflow efficiencies are: — Insurance ... [Read More]
ARA & RDN partner to address top 10 software issues impacting agents & vendors
Monday, Apr. 21, 2025, 10:37 AM
SubPrime Auto Finance News Staff
As the organization gets set to host the North American Repossessors Summit this week in Orlando, Fla., the American Recovery Association (ARA) announced a partnership with Recovery Database Network (RDN). According to a news release, RDN vice president John Sibbitt ... [Read More]
LegalShield: Consumers might be approaching ‘breaking point’
Thursday, Apr. 17, 2025, 10:31 AM
SubPrime Auto Finance News Staff
Please excuse comparisons back to the pandemic, but it’s the reference point LegalShield used to explain its latest research findings about consumer finances and bankruptcy. LegalShield reported on Wednesday that bankruptcy inquiries surged in the first quarter to their highest ... [Read More]
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