Experian reports subprime borrowers accounted for 15.3% of U.S. auto finance originations in the fourth quarter, claiming their largest share of the market since 2021. +
Agent Summit and Automotive Ventures have partnered to present the inaugural Startup Symposium, a new event for agents leading the charge toward F&I innovation. +
One would think auto finance is enjoying some breathing room as federal regulators lower their profiles in the Trump administration. One would be wrong, says Carleton’s Tim Yalich, and a silent threat could prove fatal. +
Dealertrack’s Credit Availability Index remained at 100 last month, reflecting offsetting indicators that include a lower approval rate and a growing share of subprime loans. +
Dealers surveyed for Experian’s Dealer Fraud Threat Report closed an average of four deals that were later revealed to be fraudulent in 2025, with many bearing 100% of the cost. +
eLEND Solutions and LetzChat have partnered to help dealers identify and engage with the 10% to 20% of car buyers who primarily speak a language other than English. +
The latest Digital Transformation Index shows a 4.6% decline in econtracting volume from the third quarter to the fourth but a 3.2% increase over the course of 2025. +
A set of new and updated features was designed to resolve “friction points” and increase the number of auto loan contracts that can be funded without manual intervention. +
EPIC’s National Loan Payoff Clearinghouse was designed to facilitate and standardize the exchange, processing and settlement of loan payoff and lien release transactions. +
Edmunds analysts say the average negative equity balance on dealership trade-ins rose to $7,214 in the fourth quarter, reflecting pandemic-era originations and prolonging a four-year trend. +
