Credit access loosens slightly in September
Access is still tighter by 2.1% compared to pre-pandemic
Auto credit availability improved in September as approval rates increased, subprime share grew and lenders took on more negative equity share. The Dealertrack Credit Availability Index inched up 0.2% month over month but remained down 5.9% year over year at 97.1 in September, marking the fourth straight month of loosening credit access. “Subprime share […]
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