CFPB: Auto loan apps drop 52% in March | Auto Finance News | Auto Finance News

CFPB: Auto loan apps drop 52% in March

Photographer: Andrew Harrer/Bloomberg

Auto loan applications dropped 52% between the first and last week of March, with the COVID-19 economic crisis muting auto loan inquiries across the country, according to data released today from the Consumer Financial Protection Bureau. Broken down by credit score, deep subprime inquiries by consumers with credit scores below 500 dropped 49%, and super […]

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