Expanded FCRA regulated data can help lenders extend more credit, and ensure consumers have access to affordable credit when they need it.
Experian's Q1 2021 State of the Automotive Finance Market report explores the benefits of leveraging both national and regional data when strategizing.
Trends can vary based on location. In the Q1 2021 State of the Automotive Finance Market report, we took a look at market share nationally and regionally.
Consumers are taking advantage of new car incentives, low interest rates and longer-term loans in order to ensure that their vehicle purchase is manageable.
Origination data from April and May provide some insight into the more immediate effects of the pandemic on the automotive industry.