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Credit Approvals Down at Swapalease.com but Still Doing Very Well

2013-09-17 23:18:04| AutomotiveDigest.com - Automotive Industry News

Swapalease.com saw a slight drop off in year-to-date credit approval trends for August compared with July 74.5%, down slightly from 75.6% in July. Credit is an important part of the car lease process, and each customer looking to take over a lease on Swapalease.com must have equal or better credit standing compared with the existing lessee. The August data continue to show a strong lease approvals market, said Scot Hall, Executive Vice President for Swapalease.com. We believe the customer credit approvals rate will remain at or near current levels through the remainder of 2013.The Article Credit Approvals Down at Swapalease.com but Still Doing Very Well appeared first on Automotive Digest.

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