Wednesday, December 16, 2020

Auto recovery in 2021's first half to exclude nonprime shoppers

Auto recovery in 2021's first half to exclude nonprime shoppers https://ift.tt/2Kb8XHV

A slowdown in nonprime originations isn't likely to stem from auto lenders tightening their underwriting practices in 2021, credit bureau TransUnion said. Rather, a slowdown in demand from consumers in these credit tiers will curtail purchases.

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