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New-vehicle loans out of reach for many as others take on marathon terms that could put them under water.
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Credit access varied depending on vehicle, lender type, Cox says.
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Compared to millennial cohort a decade ago, they’re tapping credit more and have higher delinquency rates, report found.
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What auto retailers and lenders can do to help consumers get into a car loan they can afford.
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The company says it remains the largest auto lender as an aggregate for nearly three years.
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Artificial intelligence can be leveraged for faster approvals, easier underwriting, and speedier lender payments to dealers.
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Consumers faced tighter conditions in the fall, though their overall outlook brightened.
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Data show terms improving from the consumer standpoint, though some metrics hit record highs.
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