Newest TransUnion auto finance data shows trend not seen in almost 10 years
TransUnion’s Satyan Merchant is shown during the 2023 Vehicle Finance Conference in Dallas hosted by the American Financial Services Association. Image courtesy of AFSA.
Friday, Feb. 3, 2023, 03:03 PM
SubPrime Auto Finance News Staff
The auto portion of TransUnion’s Q4 2022 Quarterly Credit Industry Insights Report (CIIR) included a metric that dipped to its lowest reading in nearly a decade. Viewed one quarter in arrears to account for reporting lag, TransUnion reported this week that auto finance originations in the third quarter of 2022 softened by 9.8% year-over-year to […]