Capture rates drop amid credit degradation at Automotive Credit

0
50


NASHVILLE, Tenn. — Automotive Credit Corp. has seen a dip in average consumer FICO scores, leading to a lower capture rate for the subprime lender.   “What we’re seeing now is some of the lowest FICO scores in 15 years, even factoring [score] migration,” Mike Opdahl, chief operating officer at Automotive Credit Corp. (ACC), said […]





Source : AutoFinanceNews