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Prime Credit Drives Increase in Originations, TransUnion Says

Auto lenders originated 6.79 million loans through the first quarter, which marks the first year over year increase in the number of loans since some financial institutions began pulling back in 3Q16, TransUnion reported on Wednesday in a new report analyzing the strength of consumer credit 10 years after the recession.  The increase was driven by a 3% year-over-year increase […]