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Axis Auto homeowner loan apps up 47% as credit tightens

Applications from homeowners rise as banks manage risk 

Amanda HarrisbyAmanda Harris
June 7, 2024
in Risk Management
Reading Time: 3 mins read
0

Homeowners pose an opportunity for auto lenders in the Canadian market as tightened credit standards and high interest rates limit options for consumers.   Toronto-based subprime lender Axis Auto Finance is receiving more auto credit applications from homeowners in the Canadian market as consumers who own homes search for alternatives to their typical lending options, Ilja […]

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