subprime

Subprime Auto Loans Might Be Ok Because After All, People Need Their Cars

"The stronger performance of auto loans partly reflects the fact that the loans are collateralized, and also likely reflects the fact that many US borrowers prioritize auto debt in their payment sequencing."

"The stronger performance of auto loans partly reflects the fact that the loans are collateralized, and also likely reflects the fact that many US borrowers prioritize auto debt in their payment sequencing."
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1 comment on “Subprime Auto Loans Might Be Ok Because After All, People Need Their Cars

  1. Curt Tyner

    WHAT?? You don’t think a loan to someone with a 500 FICO for 84 mos is a Solid? What could possibly go right or wrong?

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