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NewsNovember 17, 2017

Lease Credit Approvals Rise to 55% in October

Lease credit approval ratings came in at 55.6% in October, an improvement over the 47.6% approval rating registered the month before, according to data from Swapalease.com.

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NewsSeptember 13, 2017

Lease Credit Approvals Nearly Reach 70% in August

Lease credit approvals reached 68.3% in August, a 14% increase from the previous month and an 11% increase from the same time last year, according to lease marketplace Swapalease.

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NewsAugust 17, 2017

Lease Credit Approvals Fall 14.5% From June

Approvals for vehicle leases fell 14.5% to 54.3% in July from the prior month partly because an influx of students with lower credit scores applied for vehicle leases ahead of the college school year, reports Swaplease.com.

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NewsMarch 13, 2017

Lease Credit Approvals Jump 33.3% in February

Car lease credit applicants registered a 72.2% approval rate in February, a 33.3% increase from January’s 50% approval rate but flat with a year ago, according to Swapalease.com.

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NewsAugust 2, 2016

CarMax Auctions to Accept NextGear Credit

NextGear Capital has made an agreement with CarMax that allows dealers to use NextGear Capital lines of credit at all 68 CarMax auction locations.

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