How auto performed in May within ‘resilient consumer credit landscape’

Thursday, Jun. 25, 2026, 10:40 AM

Wayne Ray fills newly created position of CEO for ARA

Wednesday, Jun. 24, 2026, 01:29 PM

Equifax sees auto lenders looking to subprime for growth opportunities

Friday, Jun. 19, 2026, 10:55 AM

Latest Stories

PayNearMe research: Lenders sustain more than $100B in costs beyond transaction fees annually

3 segments potentially ripe for auto refinancing

Cox Automotive finds ‘most forward-looking development’ of latest Fed activities

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

Moiz Khan of Driveline Technologies

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

During Canada’s Used Car Week, Auto Remarketing Canada senior editor Joe Overby caught up with Moiz Khan, co-founder of Driveline Technologies, to talk about the company, its growth and how it is addressing real challenges facing the automotive industry. Stay ... Listen Here

AutoPayPlus dealer survey reinforces concerns about ‘84-month trade-in cliff’

Friday, Mar. 27, 2026, 10:34 AM

SubPrime Auto Finance News Staff

Stretching contract terms to as long as 84 months might be necessary to get the car buyer into a payment they supposedly can handle. But more than 2,000 automotive dealers and F&I executives presented with survey questions from AutoPayPlus acknowledged ... [Read More]

PODCAST: Industry Elite honoree Mike Thomas of Resolvion on building his career — literally

Thursday, Mar. 26, 2026, 10:35 AM

SubPrime Auto Finance News Staff

Next up in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Thomas, who is chief executive officer of Resolvion. Thomas shares memories with Cherokee Media Group senior editor Nick Zulovich about working in construction and ... [Read More]

PODCAST: Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business

Wednesday, Mar. 25, 2026, 01:05 PM

SubPrime Auto Finance News Staff

Next up in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance of ... [Read More]

With additional insight about affordability, FICO watches average credit scores tick lower again

Wednesday, Mar. 25, 2026, 11:27 AM

SubPrime Auto Finance News Staff

It probably doesn’t take a doctorate in economics to make the connection of affordability challenges to another drop in average credit scores. Those trends are among the findings included in the spring 2026 edition of the FICO Score Credit Insights ... [Read More]

Experts see Middle East conflict making current car & credit markets even more challenging

Tuesday, Mar. 24, 2026, 10:27 AM

SubPrime Auto Finance News Staff

Cox Automotive and S&P Global Ratings have tried to make credit market and other economic predictions in recent days. But experts acknowledged the war in the Middle East is presenting global automakers and suppliers with another layer of challenges in ... [Read More]

Edge Financial Services names Marohn as CEO to lead growth strategy

Monday, Mar. 23, 2026, 10:55 AM

SubPrime Auto Finance News Staff

Doug Marohn is back in a familiar role as a chief executive officer. The auto-finance executive who has been CEO of Nicholas Financial and Metrolina Credit Co., now is leading 1803 Capital, which does business as Edge Financial Services. Marohn’s ... [Read More]

Another former T-Mobile executive joins Credit Acceptance

Monday, Mar. 23, 2026, 10:54 AM

SubPrime Auto Finance News Staff

Credit Acceptance created a new executive position last week and filled it with another professional whose career includes time with T-Mobile. The subprime auto finance company announced that Steffen Schumann has joined Credit Acceptance as chief business officer, reporting to ... [Read More]

NAF Association collecting nominations for awards to be given during 30th annual conference

Friday, Mar. 13, 2026, 11:10 AM

SubPrime Auto Finance News Staff

Tom Hudson, Jim Bass, Gary Perdue and Suzi Straffon. The National Automotive Finance Association is looking to add to that list of award-winning professionals who have made meaningful contributions to the non-prime auto finance community. The NAF Association is now ... [Read More]

ARA refutes suggestions of requiring use of specific third-party vendors

Friday, Mar. 13, 2026, 11:09 AM

SubPrime Auto Finance News Staff

American Recovery Association president Todd Case tried to clarify the organization’s position about what could be a flashpoint issue for repossession agents. Case said ARA has recently learned of industry discussions suggesting that the association supports models that would remove ... [Read More]

Fitch continues dialogue about affordability & delinquency with latest look at subprime auto securitizations

Thursday, Mar. 12, 2026, 10:45 AM

Nick Zulovich

Affordability and delinquencies topped the latest Fitch Ratings report about auto loan asset-backed securitization performance, which weakened during the second half of 2025. Along sharing more details about the subprime sector with Cherokee Media Group, Fitch determined that its 60-day ... [Read More]

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