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Napleton’s customer experience success story
Monday, Jan. 26, 2026, 09:20 PM
In 2023, Ed Napleton Automotive Group’s national CX director Eduardo Rodriguez launched a new customer experience program based around tools and technology from Reputation that quickly produced eye-opening results, a success story that can be found in the January issue ... Listen Here
Fact or fiction — The truth behind EVs
Monday, Jan. 26, 2026, 07:58 PM
Auto Hauler Exchange chief operating officer Dana Randazzo spent part of Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Randazzo and Cherokee Media Group’s Joe Overby shared a conversation titled, “Fact or fiction — The ... Listen Here
What’s on Tapp with America’s Group CEO
Monday, Jan. 26, 2026, 07:45 PM
America’s Group CEO Chuck Tapp sat down with Cherokee Media Group’s Bill Zadeits for a fireside chat during Used Car Week 2025 in Las Vegas. The conversation about Tapp’s career in the wholesale market and what might be ahead for ... Listen Here

Sixth Street to acquire Global Lending Services

Wednesday, Oct. 15, 2025, 04:15 PM
SubPrime Auto Finance News Staff
Evidently the investment world isn’t completely sour on subprime auto financing despite what’s transpired in the industry segment recently. On Wednesday afternoon, Global Lending Services (GLS) announced it has entered into a definitive agreement to be acquired by Sixth Street, ... [Read More]

DRN, MVTRAC & SCM make multiple moves to improve positions with lenders & repo agents

Wednesday, Oct. 15, 2025, 03:15 PM
SubPrime Auto Finance News Staff
DRN, MVTRAC and Secure Collateral Management (SCM) made multiple moves recently to enhance their services to auto-finance companies and their relationships with repossession agents. First, DRN and Loanbridge formed a partnership, as Loanbridge data is now integrated into DRN’s monitoring, ... [Read More]

Agora Data and DealerCenter to deploy nationwide integration

Wednesday, Oct. 15, 2025, 12:07 PM
SubPrime Auto Finance News Staff
On Tuesday, Agora Data teamed up with DealerCenter to form a strategic partnership designed to empower dealers with enhanced tools and resources to obtain capital, streamline operations, and grow their businesses. According to a news release, more than 20,000 dealers ... [Read More]

Edmunds spots 3 new records connected to negative equity in Q3

Wednesday, Oct. 15, 2025, 12:06 PM
SubPrime Auto Finance News Staff
The newest auto-finance data Edmunds released on Wednesday focused specifically on new-vehicle purchases and excluded used. But it still showed the conundrum lenders are facing nowadays associated with average negative equity, which climbed to an all-time high in the third ... [Read More]

As delinquency continues to rise, consumers’ view on buying vehicles deteriorates, too

Tuesday, Oct. 14, 2025, 10:21 AM
Nick Zulovich, Senior Editor
Signals about what happens before and after a vehicle is delivered and financed aren’t so rosy. Cox Automotive chief economist Jonathan Smoke pointed out that the initial October reading of consumer sentiment from the University of Michigan showed, “Consumers’ views ... [Read More]

Auto credit availability improves slightly again in September

Monday, Oct. 13, 2025, 11:52 AM
SubPrime Auto Finance News Staff
Perhaps because of automotive market and general economic turbulence, there might be some tightening of underwriting by finance companies. The Dealertrack Credit Availability Index showed that development has yet to come based on Cox Automotive data gathered in September. The ... [Read More]

More than 6 investors push $50M Series B funding into Yendo to grow beyond vehicle-secured credit card

Friday, Oct. 10, 2025, 10:04 AM
SubPrime Auto Finance News Staff
Loans connected with vehicle titles aren’t new. But Yendo announced a $50 million Series B funding round on Thursday to fuel its efforts to grow as a company that claims to be behind the first-ever vehicle-secured credit card. According to ... [Read More]

Top 10 states where rates on auto financing are rising most

NextGear Capital
Thursday, Oct. 9, 2025, 11:46 AM
SubPrime Auto Finance News Staff
For individuals residing in Wyoming, they’re having to “cowboy up” for their auto financing, according to new research shared on Thursday by WalletHub. WalletHub recently reported average interest rates on auto loans aren’t rising evenly across the country. To identify ... [Read More]

Bell & Williams taps RISC for compliance monitoring

Wednesday, Oct. 8, 2025, 01:27 PM
SubPrime Auto Finance News Staff
According to a post on social media, Bell & Williams Associates has selected Recovery Industry Services Co. (RISC) as its exclusive partner for third-party recovery agent compliance monitoring. In a move that was effective Oct. 1, RISC will manage all ... [Read More]

Carputty launches Flexloan in partnership with Westlake to reach more non-prime consumers

Wednesday, Oct. 8, 2025, 11:28 AM
SubPrime Auto Finance News Staff
On Tuesday, Carputty announced the launch of Flexloan, a new product that the fintech company said “significantly expands” the namesake’s addressable market. In partnership with Westlake Direct, a division of Westlake Financial, Carputty has introduced Flexloan, which is a product ... [Read More]
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