The most recent Experian State of the Automotive Finance Market report shows more consumers are leasing vehicles. Leases accounted for 28.4 percent of all new vehicles financed in Q4 2013 – the highest level on record since 2006.

While access to small-business credit is improving and credit balances are increasing, key differences still remain across the United States.

Using a risk model based on older data can result in reduced predictive power.