Lease Credit Approval Rates Rise to 72.3% Entering March
Online credit applications increase as shoppers seek alternative means of vehicle acquisition.
March 19, 2020
Online credit applications increase as shoppers seek alternative means of vehicle acquisition.
March 19, 2020
Swapalease.com reports a high number of applicants and a slightly tighter credit market in August. A 68.9% approval rate fell short of July’s 69.1% and represented a 5.1% year-over-year decline.
September 19, 2019
Lease approval ratings improved in July following a slight dip in June, according to the latest report from Swapalease.com.
August 16, 2019
Swapalease.com analysts say credit approvals declined after reaching 72.4% in May but report growing demand from consumers seeking lease contracts negotiated when incentives were stronger.
July 18, 2019
Credit approval rates on Swapalease.com’s online lease marketplace soared to their highest number yet for 2019 last month, registering a 6.2% year-over-year gain and a 33.6% improvement from May 2017.
June 19, 2019
Lease approvals on Swapalease.com’s secondary marketplace ticked up to 72% in April, the highest rate since August 2018.
May 14, 2019
Approval rates on Swapalease’s online marketplace were up 4.8% in March, registering a 70.7% approval rate, the highest since October.
April 10, 2019
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