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Home » Auto credit access improved in December, remains tighter YoY

Auto credit access improved in December, remains tighter YoY

Amanda HarrisbyAmanda Harris
February 2, 2021
in Risk Management
Reading Time: 2 mins read
0
Dueling dynamics will shape consumer credit in 2021

© Can Stock Photo / Jesters

Strong used-vehicle values and better than expected loan performance led to improved credit availability for auto loans in December. Credit access loosened modestly in December, contributing to a 0.1% improvement from November to 94.9, “reflecting that auto credit was slightly easier to get in the month,” according to the Automotive Dealertrack Auto Credit Availability Index […]

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