Turning Auto Refinance Into a Growth Opportunity
How lenders can support affordability, reach refinance-ready consumers and strengthen portfolio performance
As consumers continue looking for ways to manage rising vehicle expenses, recent rate cuts have renewed interest in auto refinance. Lenders that can identify the right borrowers may be well positioned to drive growth while supporting affordability.
TransUnion® research identified approximately 20 million open auto loans that met the study’s defined refinance conditions. The report examines what that market opportunity means for consumer affordability, loan performance and targeted lender growth.
Who should read the brief
This research is relevant for captive lenders, credit unions, community financial institutions and other auto lenders, particularly leaders in credit risk, portfolio management, finance, product strategy and consumer marketing.
What the research reveals
Access the report for an evidence-led view of:
- How affordability pressure and rate conditions are renewing interest in auto refinance
- How APR and term support different consumer refinance goals
- Why the addressable market changes as rates move
- How refinance loan performance compares with purchase loan performance
- How eligibility, refinance propensity and consumer motivation can sharpen outreach
Access the auto refinance research
Complete the form to explore the data behind the auto refinance opportunity and see how lenders can identify refinance-ready consumers, support affordability and pursue stronger-performing growth.
Get the research to learn what today's refinance trends could mean for your portfolio strategies.
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