From Subprime Auto Financial News

Dealers still see subprime availability as big players adjust By Nick Zulovich, Senior Editor

CLEVELAND and FORT WORTH, Texas -The size of the U.S. subprime population is getting smaller — at least that’s what FICO says. And large finance companies such as General Motors Financial again acknowledged that the segment of its portfolio composed of subprime paper will continue to diminish, too.

However, dealerships that participated in KeyBanc Capital Markets’ monthly survey indicated that they’re still able to obtain financing for their vehicle buyers, even if they fall into the subprime credit tier.  Read More…

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