LendingTree: Subprime auto bubble is unlikely

Released  January 2, 2019
By Megan Greuling

A new survey suggests that a bubble in the subprime auto loan market is unlikely. The monthly average credit score for auto loan borrowers in 2014 increased by 10 points for loans closed by LendingTree’s network lenders, according to a study recently released from the Charlotte-based loan marketplace. The monthly score of those closed by network lenders rose by 12 points.