subprime Archives

Following sale close, Exeter expands origination program

By SubPrime Auto Finance News Staff IRVING, Texas – Exeter Finance is closing the year with a pair of notable developments announced on Tuesday. The finance company that specializes in subprime paper said it will extend its underwriting reach into the near-prime...

December 1, 2021

Subprime auto loan originations near pre-pandemic levels, TransUnion says

Automotive Finance Automotive Lending Non-Prime Financing

Subprime auto loan originations near pre-pandemic levels, TransUnion says

JOHN HUETTER – AutomotiveNews Subprime auto loan originations have yet to recover to pre-pandemic levels, according to the latest TransUnion data, though an analyst said they’re improving and nearing that point. TransUnion on Wednesday said second-quarter subprime loan originations rose...

November 3, 2021

Tuning your subprime tactics for success

Automotive Finance Car Dealerships F&I Non-Prime Financing

Tuning your subprime tactics for success

Posted by Carina Ockedahl (Canadian Auto Dealer) Dealers have made incredible progress on the near- and subprime front, arming themselves with a network of lenders and creating options for their customers. But there is still room for improvement, regardless if the...

October 6, 2021

Retrospective: Top 25 finance companies findings from 2020

Automotive Finance Automotive Lending Latest News

Retrospective: Top 25 finance companies findings from 2020

SCHAUMBURG, Ill. (Subprime Auto Finance New) — The auto-finance industry’s appetite for the highest-risk paper declined in 2020. According to Experian’s Q4 2020 State of the Automotive Finance Market report, analysts discovered deep subprime originations of all contracts booked in...

August 31, 2021

Automated Decisioning Car Dealerships Digital Retailing Non-Prime Financing

Cox Automotive launches Complete Retail

Cox Automotive launches Complete Retail, ‘connecting the dots’ of its digital retail solutions. Cudos Lori Wittman & Jessica Stafford! I’m glad Cox finally connected the dots between their solutions. It’s a great ecosystem, they have great market penetration and although...

January 26, 2021