February 2010   |   Issue 17 Blog
Credit Cornerstone Weekly Credit Trends and Data Intelligence
Subprime automotive lending increases
February 04, 2010

In Q2 2009, auto loan originations increased for subprime VantageScore® consumers for the first time in eight quarters. These consumers originated $14.4 billion in new credit, up from $13.6 billion in Q1 2009. Lenders looking to expand their business in the overall automotive market may want to learn more about how these previously unnoticed consumers are performing and whether adding this segment to a portfolio is a suitable strategic option.

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Source: Experian–Oliver Wyman Market Intelligence Reports

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