Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Talking about the car business in the US & Canada with Peter Smith of the Lion Partnership
Monday, Apr. 13, 2026, 03:50 PM
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
SPONSORED EPISODE: Allied Solutions reviews Q1, pinpoints signals of loan health
Tuesday, Apr. 7, 2026, 07:55 PM
John Elias and Peter Krall of Allied Solutions returned for another special sponsored episode of the Auto Remarketing Podcast. Elias and Krall recapped some of the most notable developments in auto finance from the first quarter of 2026. The Allied ... Listen Here
SPONSORED EPISODE: Path to stable inventory & price transparency as potential car buyers see uncertain world
Monday, Apr. 6, 2026, 01:13 PM
James Virgoe, senior vice president and managing director of GWC Warranty, appeared on another special sponsored episode of the Auto Remarketing Podcast at a time when domestic and foreign turbulences have added even more complexities to the car business. Virgoe ... Listen Here

Chase sends $1M to On The Road Lending

Friday, Oct. 18, 2024, 10:11 AM
SubPrime Auto Finance News Staff
Chase is leveraging the power of transportation to help more people near Dallas and beyond. Last week, Chase announced a $1 million investment in Dallas-based On The Road Lending to get more people behind the wheel so they can earn ... [Read More]

New York Fed & LegalShield notice more strain on consumer finances

Thursday, Oct. 17, 2024, 10:31 AM
SubPrime Auto Finance News Staff
The more researchers examine the current state of household finances, the more they’re uncovering plenty of negative trends. The two newest developments surfaced this week from The Federal Reserve Bank of New York’s Center for Microeconomic Data and the LegalShield ... [Read More]

Team-first approach cultivated in the Marines propels Messiha to be Loss Mitigation Executive of the Year

Wednesday, Oct. 16, 2024, 01:39 PM
Nick Zulovich, Senior Editor
The U.S. Marine Corp. might not be an official training institution for the auto-finance industry. But John Messiha used it nicely to become an executive with Bank of America, Capital One, Goldman Sachs, Uber and Bridgecrest Acceptance. “The first goal ... [Read More]

Agora Data finalizes $12M deal with Road Auto Finance

money-key
Wednesday, Oct. 16, 2024, 10:39 AM
SubPrime Auto Finance News Staff
Agora Data announced on Tuesday that it has closed a $12 million transaction for Road Auto Finance, an indirect auto finance company. The capital solutions and advanced performance analytics provider for the subprime to non-prime market called the development a ... [Read More]

Five straight months of credit tightening for auto finance stops in September

Wednesday, Oct. 16, 2024, 10:36 AM
SubPrime Auto Finance News Staff
While Edmunds detailed the swelling of negative equity, Cox Automotive noticed credit access loosened to close the third quarter. The Dealertrack Credit Availability Index came in at 92.8 in September, representing a 0.4% improvement from August and stopping a streak ... [Read More]

Edmunds: Average negative equity surges in Q3 to all-time high

Tuesday, Oct. 15, 2024, 10:24 AM
SubPrime Auto Finance News Staff
In March, Edmunds said “negative equity is rearing its ugly head.” After looking at its third-quarter data that showed average negative equity hitting an all-time high, Edmunds acknowledged on Tuesday that the trend now is “nothing short of alarming.” Edmunds ... [Read More]

3 new executives reinforce management as Veros Credit eyes more market share

executive boardroom
Monday, Oct. 14, 2024, 10:36 AM
SubPrime Auto Finance News Staff
Veros Credit on Monday recapped the addition of several key executives as part of its strategic initiative to expand operations and strengthen its presence across the United States. By leveraging cutting-edge systems and models to enhance the user experience of ... [Read More]

Open Lending partners with Point Predictive to boost underwriting in non-prime space

partnership_67
Monday, Oct. 14, 2024, 10:35 AM
SubPrime Auto Finance News Staff
Open Lending recently formed a partnership with Point Predictive Designed to bring enhanced speed, security and performance to auto finance companies that want to book near-prime and non-prime paper, the service providers highlighted that the partnership integrates the capabilities of ... [Read More]

Onbe releases survey about refund processes amid CFPB examinations

survey
Thursday, Oct. 10, 2024, 11:11 AM
SubPrime Auto Finance News Staff
One of the processes to draw ire during examinations in the past year by the Consumer Financial Protection Bureau was refunds associated with voluntary protection products. This week, Onbe published its 2024 Auto Finance Payments Survey, exploring consumers’ refund preferences. ... [Read More]

Automotive Risk Management Partners tries to see potential positives from CARS Rule

Wednesday, Oct. 9, 2024, 11:00 AM
SubPrime Auto Finance News Staff
Oral arguments in the legal challenge to the Combating Auto Retail Scams (CARS) Rule were set to begin this week in New Orleans. Attorneys for the Federal Trade Commission, the National Automobile Dealers Association and the Texas Automobile Dealers Association ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X