New York Consumer Law Blog

Tuesday, August 29, 2017

Ford to look beyond credit scores in sales push

A major auto lender has decided to change its approval process to look beyond credit scores in an effort to pump up sales.

The move by Ford Motor's financing unit is expected to unfold in coming years, even as concerns mount about rising auto-loan losses in the industry. Ford Motor Credit is expected to announce the plans as soon as Friday.

 

http://www.foxbusiness.com/markets/2017/08/25/ford-to-look-beyond-credit-scores-in-sales-push.html


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