The credit approval rate of 57.7 percent for car leases in the month of August was the lowest rate seen in 2016 and the lowest for the month of August in the past two years. By comparison, the approval rate for August 2015 reached 85.7 percent.
The credit approval rate of 57.7 percent for car leases in the month of August was the lowest rate seen in 2016 and the lowest for the month of August in the past two years. By comparison, the approval rate for August 2015 reached 85.7 percent. Dreamstime TNS
The credit approval rate of 57.7 percent for car leases in the month of August was the lowest rate seen in 2016 and the lowest for the month of August in the past two years. By comparison, the approval rate for August 2015 reached 85.7 percent. Dreamstime TNS

Falling credit approvals for car leases not necessarily a bad sign

October 07, 2016 05:07 PM

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