Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Used Car Week Hall of Fame honoree Jared Kalfus of Black Book
We finish our series featuring the 2026 Used Car Week Hall of Fame honorees with a conversation featuring Black Book president Jared Kalfus. Kalfus describes what it takes to be successful in sales and why face-to-face conversations are still vitally ... Listen Here
SPONSORED EPISODE: Prospects for more auto refinancing with Gravity Lending
In this special sponsored episode of the Auto Remarketing Podcast brought to you by Allied Solutions, we turn our attention to auto refinancing. Brad Paxman oversees 90 lender relationships for Gravity Lending, which is an auto refinance and fintech company ... Listen Here
Used Car Week Hall of Fame: Bob McConkey of McConkey Auction Group
Next up on our series featuring the 2026 Used Car Week Hall of Fame honorees is a conversation with Bob McConkey, president and CEO of the McConkey Auction Group. McConkey, along with MAG chief operating officer David Pendergraft and DAA ... Listen Here

Triad Financial Names Director of Portfolio Services

Nick Zulovich
NORTH RICHLAND HILLS, Texas — Triad Financial recently announced that it has named a new executive to oversee the company's third-party servicing efforts. Taking on this position is Stephen Smith. In his role as director of portfolio servicing, he will manage ... [Read More]

New FICO Scores Could Predict 5-15% More Auto Loan Delinquencies

Nick Zulovich
MINNEAPOLIS — FICO recently announced the release of its newest scores, which are targeted specifically for the auto lending and bankcard industries. Credit reporting agency TransUnion is making the scores available to lenders and issuers under the names FICO Risk Score, Classic ... [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

Consumer Bankruptcy Filings Continue to Build

Nick Zulovich
ALEXANDRIA, Va. — March consumer bankruptcy filings came close to doubling those of the same time frame a year ago, according to the American Bankruptcy Institute, which relies on data from the National Bankruptcy Research Center. More specifically, U.S. consumer bankruptcy filings ... [Read More]

GMAC Widens Auto Credit Spectrum, Offers Inventory Help for Dealers

Nick Zulovich
DETROIT — GMAC reached out a helping hand to dealers yesterday by announcing that the company is now offering approvals in the subprime tiers for qualified buyers, in addition to earmarking $5 billion for auto loans and temporarily easing wholesale finance ... [Read More]

ABA: As Job Losses Stack Up, Delinquencies Continue Climb

Nick Zulovich
WASHINGTON, D.C. — Job losses continued to hurt consumer finances during the fourth quarter of 2008, which is reflected in the rising delinquencies in almost every loan category, including auto loans. In fact, indirect auto loan delinquencies climbed from 3.25 percent ... [Read More]

Kia Motors America Secures Financing

Nick Zulovich
IRVINE, Calif. — Kia Motors America announced today that it has successfully closed a $305 million revolving credit line with a group of leading U.S.-based financial institutions. Of the funding group, Wells Fargo Foothill, a part of Wells Fargo & Co., ... [Read More]

NADA Urges Dealers to Ask Senators to Sign Shaheen Auto Credit Letter

Nick Zulovich
WASHINGTON, D.C. — While a lot of attention has been focused on the restructuring of domestic auto manufacturing, the National Automobile Dealers Association is urging the Obama administration to focus on the severe impact of the credit crisis on dealers and ... [Read More]

Ford Launches Payment Assistance for Job Loss

Nick Zulovich
DEARBORN, Mich. — Ford announced the introduction of its Advantage Plan this morning. Similar to the Hyundai Assurance program, Ford's plan offers payment protection covering job loss for up to a year on any new Ford, Lincoln of Mercury model, in ... [Read More]

U.S Equity Advantage Upgrades Bi-Weekly Payment Feature for BHPH Dealers

Nick Zulovich
ORLANDO, Fla. — U.S. Equity Advantage, which offers automated bi-weekly processing of vehicle loans for buy-here, pay-here dealers, recently announced the release of a new, enhanced dealership Web site at www.866halfpay.com. According to officials, dealerships can now accurately calculate and offer ... [Read More]

Leedom Introduces Pre-Paid Bank Card for BHPH Customers

Nick Zulovich
SARASOTA, Fla. — Today, Leedom Group announced the launch of a Convenient World Pre-Paid Visa Card that can allow buy-here, pay-here customers without bank accounts avoid the high costs of check-cashing and money orders. The fees associated with check cashing are ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X