TruDecision’s Parry defends current status of subprime auto finance
Monday, May. 11, 2026, 11:52 AM
Metrics that formed April’s Dealertrack Credit Availability Index ‘masked a more complex picture’
Tuesday, May. 12, 2026, 10:08 AM
NAF Association reveals next recipients of Jack Tracey Pinnacle Award & Summit Leadership Award
Friday, May. 8, 2026, 10:56 AM
This Month's Focus
Artificial Intelligence
Urban Science survey: Dealers confident in sales process, wary of AI for lead follow-ups
Friday, May. 15, 2026, 11:48 AM
Building on three-year partnership, Bain invests in OpenAI Deployment Company
Wednesday, May. 13, 2026, 12:13 PM
EY study shows Canadians still cautious about AI but using it more for everyday activities
Monday, May. 11, 2026, 03:00 PM
Tiger Okeley describes what it’s like for BHPH dealers during another turbulent year
Tiger Okeley is the executive board member of Oak Motors, a buy-here, pay-here dealership that’s been in business for more than 40 years in central Indiana. Having seen boom times, recessions, and more, Okeley shared his insight to help owners ... Listen Here
Tuesday, May. 12, 2026, 01:47 PM
SPONSORED EPISODE: Know your Buyer & Grow your Lot
In this insightful episode of the Auto Remarketing Podcast, Auto Trader and KBB executives Elizabeth Stegall and David Lumpkin share findings gleaned from Cox Automotive’s unique research into shoppers who buy from Independent Dealers. Learn how shifting buyer expectations connect ... Listen Here
Tuesday, May. 12, 2026, 09:20 AM
FICO’s Shams Blanc on lenders sharpening underwriting & more
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here
Wednesday, Apr. 29, 2026, 03:54 PM
After Successful Pilot, Ally’s New VSC Now Available
Wednesday, Jun. 3, 2015, 03:45 PM
SubPrime Auto Finance News Staff
After a three-month pilot test phase where the vast majority of dealerships reported that they experienced a seamless transition, Ally Financial is officially rolling out its flagship vehicle service contract — Ally Premier Protection — to dealers nationwide beginning this ... [Read More]
GWC Warranty Unveils Elite Dealer Council
Wednesday, Jun. 3, 2015, 03:42 PM
SubPrime Auto Finance News Staff
In an effort to broaden its outreach and enhance relationships with independent stores, GWC Warranty hosted its first-ever Elite Dealer Council at the company’s headquarters on May 19. Comprised of some of GWC’s top independent dealers from across the country, ... [Read More]
Medium-Sized Finance Companies Face Stress Test Deadlines
Wednesday, Jun. 3, 2015, 03:40 PM
SubPrime Auto Finance News Staff
Federal banking agencies on Tuesday reiterated the disclosure requirements for the annual stress tests conducted by financial institutions with total consolidated assets between $10 billion and $50 billion. Officials from the Federal Reserve, the Federal Deposit Insurance Corp. and the ... [Read More]
What Takata Recall Might Do to ABS Market
Tuesday, Jun. 2, 2015, 03:01 PM
SubPrime Auto Finance News Staff
In light of more than 30 million vehicles being recalled because of faulty Takata airbags, Black Book and Fitch Rating joined forces on Tuesday not only to look at the impact of vehicle values for the units involved, but also ... [Read More]
See You in 2020? Terms Hit New Highs in Q1
Monday, Jun. 1, 2015, 03:50 PM
SubPrime Auto Finance News Staff
If buyers keep their vehicles for the duration of the installment contract, dealerships and finance companies likely won’t see these consumers again for another purchase until 2020 or possibly beyond — an assertion stemming from the record-setting term metrics Experian ... [Read More]
Fed Survey Shows Impact $400 Emergency Has
Monday, Jun. 1, 2015, 03:47 PM
SubPrime Auto Finance News Staff
Here is a possible reason why your subprime customer who might have been current on their vehicle installment contract suddenly slipped into delinquent status. The latest in a series of consumer analysis reports from the Federal Reserve showed 47 percent ... [Read More]
SNAAC Donates $20K to USA Cares for Military Appreciation Month
Monday, Jun. 1, 2015, 03:44 PM
SubPrime Auto Finance News Staff
In honor of the just concluded Military Appreciation Month, Security National Automotive Acceptance Co. (SNAAC) made a $20,000 donation to USA Cares. As part of its commitment to honor the men and women that serve our country, SNAAC has donated ... [Read More]
CFPB & Subprime Bubble Talk at NAF Association Conference
Friday, May. 29, 2015, 04:47 AM
Nick Zulovich, Editor
As one the leading experts in asset backed securities analysis took a stab at deflating the “subprime bubble” talk, the Consumer Financial Protection Bureau official whose jurisdiction is the auto finance market answered pre-submitted questions for nearly an hour on ... [Read More]
5 Groups Seek Public Comment Period Over Bureau’s Arbitration Study
Friday, May. 29, 2015, 04:39 AM
SubPrime Auto Finance News Staff
Five trade groups, including the American Bankers Association, American Financial Services Association and the Consumer Data Industry Association, recently sent a letter to the Consumer Financial Protection Bureau offering five reasons why the CFPB should solicit public comment on its ... [Read More]
Subprime Originations Up More Than 6%
Thursday, May. 28, 2015, 04:33 AM
SubPrime Auto Finance News Staff
While praising financing companies for their underwriting prowess, TransUnion’s latest auto report — viewed one quarter in arrears to ensure all accounts are included in the data — showed notable origination growth in the subprime risk tier. Contracts extended to ... [Read More]
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