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Borrowers with problem credit that are thinking of applying for an auto loan should be encouraged by the latest report from Experian Automotive that shows an increase in subprime lending during the second quarter of 2013.
Car buyers facing credit issues should be aware of the fact that the latest report from Experian Automotive finds that finance company auto loans to consumers with bad credit experienced an increase in the 30-day delinquency rate during the fourth quarter of 2012.
If you’re considering applying for a bad credit auto loan you’ll find that the latest report from Experian Automotive contains some good news.
A recent Experian Automotive credit trends study compared vehicle history to loan performance. Here is what it found