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Auto credit availability tightens sharply in November

Credit is at its tightest since Oct 2021

Joey Pizzolato

Auto credit availability at dealers tightened sharply in November, reversing two months of loosening credit standards, and marking the tightest credit market since October 2021. The Dealertrack Credit Availability Index declined 2.6% sequentially in November to 101.2, according to Cox Automotive. Credit last month was 0.2% tighter than it was in November 2021 but 2% […]

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