August data shows providers held the line on term, down payment, amount financed
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Wednesday, Sep. 4, 2019, 03:49 PM
SubPrime Auto Finance News Staff
SANTA MONICA, Calif. -
The latest data from Edmunds confirmed that finance companies are trying to hold firm on term, down payment and total amount financed in an effort to remain within their underwriting parameters and mitigate risk. Edmunds’ August data did show some marginal rises in term and total amount financed year-over-year for used-vehicle and new-vehicle financing, but […]