Tag: affordability

Auto lenders tightened credit access in May amid rising interest rates after a year of loosened standards.  The Dealertrack Credit ...

Rising interest rates for auto loans are set to further suppress vehicle affordability as new vehicle production remains hampered due ...

For decades, transactions in U.S. car dealerships went something like this: A couple walks into a showroom, expresses interest in ...

Subprime lenders are taking action as used-vehicle values reach record highs and affordability remains a crucial concern by offering longer ...

Subprime lenders are taking action as used-vehicle values reach record highs and affordability remains a crucial concern by offering longer ...

A global pandemic, changing consumer habits and the rise in digital lending has redefined risk management across the auto finance ...

Last week, the Auto Finance News team wrapped up its final event of the spring season, the Auto Finance Risk ...

Vehicle affordability is likely to continue to decrease during the next year, given rising average transaction prices, increasing interest rates, ...