More Auto Loans Now for Subprime Buyers

Subprime loan

- December 19, 2011

Subprime loan Exper­ian and CNW Research are see­ing auto loans increas­ing late­ly to sub­prime and deep sub­prime buy­ers. While their cred­it scores are in the 550 to 620 range, and they were usu­al­ly blocked from gain­ing a loan three years ago, their num­bers are up sub­stan­tial­ly. CNW says that sub-prime auto loan approvals are up near­ly 54% this year.