Tag: credit availability

The auto finance industry is showing slight improvements in affordability and loan production while worsening credit performance and inflationary pressures ...

Access to auto credit worsened for the second month in a row but improved year over year in May, while ...

Affordability challenges worsened as new-vehicle average transaction prices rose to their highest level since December 2023 in April, driven by ...

Auto credit access eased across all lender types in March, with captives loosening the most, marking the second consecutive month ...

While affordability improved in January, credit availability worsened as lenders tightened credit standards and approval rates declined.   Credit access decreased ...

LAS VEGAS — Penske Automotive has seen no disruption in credit availability for its customer base despite an industrywide pullback ...

Credit access tightened in November after loosening for much of the fall, with credit unions becoming more stringent compared with ...

Subprime lender Consumer Portfolio Services’ acceptance rate has fallen by 21 percentage points so far this year when compared with ...