Non-prime auto underwriting: Evolving for a changing market

Ignoring the growing non-prime market could be costly, but business as usual is not the answer.

As the economy takes its early steps toward recovery, businesses are approaching the future with cautious optimism. Many auto finance companies have shifted their lending strategies, heavily targeting prime and near-prime borrower markets as an answer to the lending practices that contributed to the economic meltdown.

• Issue 1 [PDF 222 KB: Sept 2010]