Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
This Month's Focus

Turbocharged Finance
Presented by
3 primary capabilities of PayNearMe’s AI Servicing and Collections Agent
Almost a month ago, PayNearMe acquired the technology assets and hired the key employees of Marr Labs in a move described as one that will “help shape the future of payments.” The next development in that future involving artificial intelligence ... Read More
Fueled by more than $100M in strategic financing, MCO names new president
MyComplianceOffice (MCO) appointed John Schobel as president on Tuesday, as the provider of compliance management software for the financial services industry looks to continue its growth trajectory following the securing of more than $100 million in financing. MCO now serves ... Read More
ITOCHU invests in MOTER again to leverage connected-car technology
If you didn’t believe the modern vehicles you’re financing, retailing or repairing are smartphones rolling on four wheels, perhaps this investment announcement will sway your opinion. MOTER Technologies, an artificial intelligence-powered insurtech company that delivers a connected vehicle data platform ... Read More
Jeremy Louisos of Preowned Auto Logistics Returns to Show
Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here
SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here

Auto Equity Loans Launches Three New Offices

Nick Zulovich
WILMINGTON, Del. — Auto Equity Loans, a provider a short-term loans based on "clear and free" auto loan titles, announced it is opening three new offices in Wilmington, Bear and Newark, Del. "Banks have shut their doors to consumers who need ... [Read More]

NAF Association to Host Webinar to Update Industry on Consumer Protection Agency Ramifications

Nick Zulovich
HANOVER, Md. — How will the new Consumer Protection Agency impact non-prime auto financing? That's what the National Auto Finance Association is seeking answers for in its upcoming Webinar slated for 12:30 p.m. ET on Wednesday. Basically, the association will be ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

AI & Auto Finance: An Expert Guide to Using This Technology

This 26-page ebook from Cherokee Media Group, sponsored by dotData, brings together insights from nine experts on how artificial intelligence...
Read More

Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
Read More

Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
Read More

Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
Read More

Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
Read More

AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
Read More

The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
Read More

Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
Read More

Wolters Kluwer Enhances Fair Lending Solution

Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services announced this week that its Fair Lending Wiz software now includes an ethnicity proxy functionality. Management explained the enhancement can allow financial institutions to make a determination of whether a loan applicant is Hispanic when ... [Read More]

Nicholas Financial Continues Growth Strategy

Nick Zulovich
CLEARWATER, Fla. — Nicholas Financial announced Wednesday that it has opened two new branch offices. The new facilities are in Morrow, Ga., and Fort Wayne, Ind. The office in Morrow is Nicholas Financial's fifth branch in the greater Atlanta metropolitan area, ... [Read More]

Reynolds, COINdata Partner to Enhance Dealer F&I

Nick Zulovich
DAYTON, Ohio — Reynolds and Reynolds and COINdata recently reached an integration partnership intended to strengthen a critical part of the vehicle sale process. Executives explained the agreement means the Reynolds LAW 553 Universal Retail Installment Sale Contract now is the ... [Read More]

GrooveCar Unveils New Web Strategy to Push Auto Lending at Credit Unions

Nick Zulovich
HAUPPAUGE, N.Y. — GrooveCar recently revamped its website with a host of added features and promotions geared to boost the potential for credit unions to capture more direct auto loan accounts on new and used vehicles. Officials from the financial intermediary emphasized ... [Read More]

Wells Fargo Dealer Services Continues Business as Usual

Nick Zulovich
DES MOINES, Iowa — Wells Fargo Dealer Services' president told SubPrime Auto Finance News this week that the Wells Fargo Financial restructuring will have no impact on indirect dealer auto loans. Indeed, Tom Wolfe told SubPrime, "The restructuring of Wells Fargo ... [Read More]

GMAC’s North American Auto Finance Business to Become Ally

Nick Zulovich
DETROIT — This morning, Ally Financial announced it will rebrand its GMAC consumer and dealer-related auto finance operations in the U.S., Canada and Mexico with the Ally name. This follows the transition of the parent company to Ally Finance Inc. in ... [Read More]

ABA: Direct, Indirect Auto Loan Delinquencies Improve

Nick Zulovich
WASHINGTON, D.C. — Both direct and indirect auto loan delinquencies showed improvement for the quarter, according to the American Bankers Association. ABA reported that direct auto loan delinquencies dropped from 1.94 percent to 1.79 percent. Meanwhile, indirect auto loan delinquencies fell ... [Read More]

Chase Auto Finance Continues Expansion in Southeast

Nick Zulovich
GARDEN CITY N.Y. — After Chase Auto Finance unveiled new offices in the Midwest and the Northeast earlier this year, this week the company expanded its presence in the Southeast. Executives announced the opening of a full-service Custom Finance Business Center ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X