Loading...

Hybrid buyers care for the environment and their credit

Published: May 5, 2013 by admin

A recent analysis by Experian Automotive found that, overall, consumers purchasing a hybrid have significantly higher credit scores than those purchasing another type of new vehicle. The average credit score for a loan on a new hybrid was 790, compared with the national average credit score of 755 for a loan on any new vehicle.

Learn more on the profiles of hybrid owners.

Source: Experian press release: Hybrid vehicle market share grew by 41 percent in 2012

Related Posts

State of Credit 2020: Consumer Credit During COVID...

Experian released the 11th annual state of credit report, which provides a comprehensive look at the credit performance of consumers across America.

Published: October 20, 2020 by Stefani Wendel

Read More

Prescreen Marketing in Today’s Economic Envi...

To maximize limited marketing spend, lenders will need to be more prescriptive to increase response rates on fewer delivered offers.

Published: October 6, 2020 by Eric Johnson

Read More

Collections Is a Race, Not a Battle: Pre-Delinquen...

To improve results within the subprime space, lenders need to have a well-established pre-delinquent contact optimization approach. Read more!

Published: August 17, 2020 by Erik Svensen

Read More

My Search

Subscription title for insights blog

Description for the insights blog here

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Categories title

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

Subscription title 2

Description here
Subscribe Now

Text legacy

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source.

recent post

Learn More Image

Tags

alternative credit data alternative data analytics auto auto loans automotive Automotive Finance Market analysis bankcard CFPB collections consumer behavior consumer credit consumer credit trends covid covid-19 credit attributes credit risk credit score credit scores credit scoring credit trends customer experience data Data Breach Decisioning digital technology Experian Experian Automotive financial services fintech first party fraud fraud fraud prevention identity theft IntelliView KBA machine learning market trends regulatory regulatory compliance synthetic ID synthetic identity synthetic identity fraud technology VantageScore

Follow Us!