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Auto loan rejection rates, application volume decline (Big Wheels) 

The auto rejection rate landed at 10.8% in latest Fed survey 

Amanda Harris

Auto loan rejection rates declined in the Federal Reserve’s latest consumer credit access survey as the volume of applications also decreased.   The rate of rejection for auto loans fell in February, according to the Federal Reserve Bank of New York’s Survey of Consumer Expectations Credit Access Survey. The percentage of respondents surveyed who indicated they were rejected for an […]

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