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Lower rejection rates aid improved industry performance (Big Wheels) 

Auto Finance Composite Index up 19% YoY 

Amanda Harris

A decline in auto loan rejection rates contributed to improvement in the auto finance industry’s overall health in June, offset by a dip in vehicle sales and auto securitization issuance.   The Auto Finance Composite Index, which provides insight into overall industry performance, landed at 143.58 in June, up 19% year over year and 1.8% quarter […]

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