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Prime and near-prime auto loan approvals last month reached levels not seen since March 2008, according to CNW Research. Subprime approvals also showed gains, but approvals for the segment are still rebounding after dropping to record lows in November and December.
Read More →In an effort to help streamline the approval process for its qualified used-car auto loans, Santander Consumer USA Inc. will add “On-Demand Verification” from TARGUSinfo on all loan applications received from its network of 12,000 dealers and through its online Website brand.
Read More →After months of improvement, the share of auto loans being approved has begun to backslide, according to CNW Marketing Research.
Read More →Auto loan approvals improved in July for the prime and near prime markets, but shoppers in the subprime market continued their struggle to get approvals by conventional means, according to CNW Research.
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