FreedomRoad Financial logs decline in credit app quality
Approval rates have fallen despite steady underwriting criteria
Powersports lender FreedomRoad Financial has seen a deterioration in application quality through the beginning of the year as consumers continue to rack up revolving debt. Origination volume has been “flat to down” since January, FreedomRoad Executive Vice President and Managing Director Tom Collins told Auto Finance News. “It’s kind of early, but we do expect that […]
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