Subprime lags behind Dealertrack Credit Availability Index climb of 5 straight months

Wednesday, Jul. 15, 2026, 09:51 AM

APCO boosts EasyCare footprint via acquisition for second time in less than a week

Tuesday, Jul. 14, 2026, 10:44 AM

SAFCO promotes CFO to president

Monday, Jul. 13, 2026, 11:54 AM

Latest Stories

Acting CFPB director defends changes to ‘out-of-control’ agency during Congressional hearings

Edmunds pinpoints top 20 trades with negative equity in Q2

Auto Data Direct rolls out CarLocate in Texas

The Spark Between EVs & CPO

Thursday, Jul. 16, 2026, 02:46 PM

In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

Vincenzo Ciampi of iA Financial Group

Tuesday, Jun. 30, 2026, 10:53 AM

Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

Ted Berlovich of Clutch

Monday, Jun. 29, 2026, 03:44 PM

Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

TransUnion’s April Credit Industry Snapshot shows positives for auto finance

Monday, May. 18, 2026, 10:38 AM

SubPrime Auto Finance News Staff

Let’s begin the week with a little positive news for the auto-finance space, courtesy of TransUnion’s April Credit Industry Snapshot. While TransUnion reported the 30-day delinquency rate for auto rose 16 basis points sequentially to 3.97%, analysts also noticed the ... [Read More]

Westlake Portfolio Management adds another $300M to auto segment

Glenview expands services with bulk loan buying

Friday, May. 15, 2026, 10:25 AM

SubPrime Auto Finance News Staff

This week, Westlake Portfolio Management (WPM) announced the successful onboarding and servicing of a $300 million portfolio of auto loans on behalf of what it called “a leading institutional asset owner.” The division of Westlake Technology Holdings that’s a primary ... [Read More]

New NCC tool powered by Equifax geared to help dealerships spot chargeback risk

Friday, May. 15, 2026, 10:07 AM

SubPrime Auto Finance News Staff

The newest tool from NCC has Equifax-powered capability underpinning it, so dealers can spot potential revenue-draining risk. The provider of integrated credit, compliance, desking, and fraud prevention solutions for automotive retailing this week launched what it’s calling Credit Abuse Risk. ... [Read More]

Federal Reserve’s annual report on economic well-being of US households shows consistency

Thursday, May. 14, 2026, 10:35 AM

SubPrime Auto Finance News Staff

Perhaps there might be some turbulence in portions of your auto-finance portfolio or gas prices might be significantly pinching your business finances like they are for repossession agents. But the overall scene might be OK for consumers, at least based ... [Read More]

Surging fuel costs pushing repossession agents to ‘breaking point’

Wednesday, May. 13, 2026, 02:12 PM

SubPrime Auto Finance News Staff

AAA reported on Wednesday that the average price for a gallon of gasoline in the U.S. rose to $4.51, with the average cost for diesel fuel now up to $5.65 per gallon. Escalating fuel expenses are pushing repossession agents to ... [Read More]

Chopra selected to lead new California consumer services regulator

Wednesday, May. 13, 2026, 11:24 AM

SubPrime Auto Finance News Staff

Former Consumer Financial Protection Bureau director Rohit Chopra is about to lead a new regulator in California. Gov. Gavin Newsom on Tuesday announced the appointment of Chopra to serve as secretary of California’s new Business and Consumer Services Agency (BCSA), ... [Read More]

EFG’s Reinsurance Health Check aims to help dealers answer 6 primary questions

Wednesday, May. 13, 2026, 11:10 AM

SubPrime Auto Finance News Staff

On Tuesday, EFG Companies launched the Reinsurance Health Check, which the company described as a concise, practical diagnostic designed to help retail automotive dealers identify exposure, stabilize performance, and protect profitability in today’s market. The operation acknowledged dealer principals across ... [Read More]

Metrics that formed April’s Dealertrack Credit Availability Index ‘masked a more complex picture’

Tuesday, May. 12, 2026, 10:08 AM

SubPrime Auto Finance News Staff

Few gauges of the car business are as clear as newly installed windshield. And the newest reading of the Dealertrack Credit Availability Index reinforces that point. Cox Automotive reported Monday that the April index climbed to 102.4, its highest level ... [Read More]

TruDecision’s Parry defends current status of subprime auto finance

Monday, May. 11, 2026, 11:52 AM

SubPrime Auto Finance News Staff

TruDecision chief executive officer Daniel Parry is as staunch a defender of the subprime auto finance space as someone could find — especially since his industry tenure dates to being with AmeriCredit in 1998 and later as a founder of ... [Read More]

NAF Association reveals next recipients of Jack Tracey Pinnacle Award & Summit Leadership Award

Friday, May. 8, 2026, 10:56 AM

SubPrime Auto Finance News Staff

Two years ago, Marguerite Watanabe was one of the first inductees into the Used Car Week Hall of Fame. On Friday, she earned another distinguished industry accolade: the National Automotive Finance Association announced that Watanabe, who is president of Connections ... [Read More]

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