Subprime Approvals May Jump Nearly 13% in ’15

Subprime Approvals Going Up BEBdata A very interesting article published by SubPrime Auto Finance News says; CNW Research is upbeat about how much subprime paper is going to flow into finance company portfolios this year.

In a special projection report released on Tuesday, CNW is expecting subprime approvals to improve in 2015, but not quite to the same level as this past year. President Art Spinella pegged the year-over-year improvement projection at 12.75 percent “driven in large part by automakers’ captive finance companies looking to expand sales.  Read more here.

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