Connect with us

Auto credit availability improves 8.1% YoY in April

Car News

Auto credit availability improves 8.1% YoY in April

Auto credit availability improved for the 11th consecutive month in April as yield spreads narrowed and loan approval rates ticked up, but changing economic conditions may prompt tightening in the next few months. Access eased across all loan types in April, contributing to a 1.7% month-over-month improvement in the Dealertrack Credit Availability Index to 106.3, […]

Click to comment

Leave a Reply

Your email address will not be published.

More in Car News

To Top