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Credit availability worsens sequentially in May 

Consumer Confidence Index rose 4.6%  

Ash SavagebyAsh Savage
June 11, 2024
in Risk Management
Reading Time: 4 mins read
0

Access to auto credit worsened for the second month in a row but improved year over year in May, while consumer confidence rose despite prevailing affordability concerns.  The Dealertrack Credit Availability Index landed at 94.8 in May, down from 98.3 in April but up 0.9% YoY, according to Cox Automotive.  The sequential dip was partly […]

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