Subprime Share of New Auto Loans (CFPB)

## What this measures

Auto loans originated to consumers with a FICO Score 8 below 620 in the previous quarter as a percent of auto loans originated to consumers in all five score tiers, each month.

## Why it matters

Subprime auto lending is the riskiest corner of mainstream consumer credit. Its share is a direct read of lenders’ standards.

## How to read it

Higher means looser lending. Compare with the New York Fed’s dollar-weighted share (credit.hhdc.auto_originations_subprime_share), which uses a different score.

## What it does not say

Counts, not dollars, and computed from unadjusted counts; consumers without a score are left out. One credit bureau’s data.

## How it's built

(Deep Subprime + Subprime) ÷ (sum of the five score tiers), unadjusted originations, times one hundred.

## Source

Consumer Financial Protection Bureau, Consumer Credit Trends (consumerfinance.gov/data-research/consumer-credit-trends), the all-data CSV (series "Originations", subgroup "score", loan type AUT, unadjusted). The CFPB builds it from a nationally representative sample of de-identified credit records from one of the three nationwide consumer reporting agencies. The CCT page: "The data and analyses presented herein are the sole product of the CFPB"; the CFPB's legal notice: "Information created by the CFPB is in the public domain and you may reproduce, publish, or otherwise use it without the Bureau's permission." Source: CFPB, Consumer Credit Trends. Refreshed weekly by /api/cron/credit-consumer-sync, which re-reads the full CSV.