Looser loan structures — rather than lower interest rates or improved credit quality — raised Dealertrack’s Credit Availability Index in August. +
The Credit Availability Index climbed to 105 in July, its highest level since December 2015, but a key indicator declined for the fourth straight month. +
Dealertrack’s Credit Availability Index rose to 104.6 in June, registering its biggest increase so far this year and its highest mark since December 2015. +
