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Credit availability improves across all credit tiers in Q2

Auto lending grew 32% in the second quarter

Amanda Harris and Whitney McDonald

Auto originations grew 32% sequentially in the second quarter as loosened underwriting standards improved credit availability across all credit tiers. Originations clocked in at a record $202 billion in Q2, according to the Federal Reserve Bank of New York. Now, not only is it easier to get an auto loan, but loans are more attractive […]

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