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Friday, March 10, 2017
US Subprime Auto Loan Losses Reach Highest Level Since the Financial Crisis
Bloomberg US Subprime Auto Loan Losses Reach Highest Level Since the Financial Crisis Bloomberg U.S. subprime auto lenders are losing money on car loans at the highest rate since the aftermath of the 2008 financial crisis as more borrowers fall behind on payments, according to S&P Global Ratings. Losses for the loans, annualized, were 9.1 percent ... and more »...(read more)
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