Automotive credit scoring is changing.  Given the shakeup in the
financial world and other factors, many of the truths that were
held as key indicators of creditworthiness have shifted
dramatically.  These factors have made obsolete what were
regarded as key indicators of creditworthiness as recently as
three years ago.  By looking at how these factors affect credit
scoring, automotive financers can operate profitably in the new
world of credit financing and identify new criteria for
creditworthiness that can help them navigate the waters.  The
three biggest factors impacting the validity of credit scoring
today are shifting demographics, changing loan-payment
priorities and buyer preferences. Let’s look at each:  Shifting
Demographics. From buying habits to payment habits, to life
priorities, a new generation of car buyers changes everything in
terms of how automotive financers need to evaluate credit risk.
This is especially true of Generation Y, primarily people in
their 20s who are looking to finance the