Latest Posts

auto debt subprime

Goldman “Unmasks” The Culprit Behind US Auto Loan Delinquencies

” However, the chart masks the growth of “deep subprime” lending programs, targeting borrowers with credit scores far below the 620 cutoff. For example, some recent deep subprime ABS transactions featured pools with average credit score of just 545, with 20% of borrowers not having a credit score at all, a condition known to signal high default risk.”