Tag Archive

Subprime Auto Loan Losses Reach Highest Level since the Financial Crisis

Published on March 13, 2017 By Cucolle1

Subprime net loss rate in auto bonds rose to 9.1% in January 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 in […]

16 visitors online now
2 guests, 14 bots, 0 members
Max visitors today: 20 at 01:37 am UTC
This month: 101 at 06-02-2017 07:20 am UTC
This year: 111 at 05-08-2017 07:10 am UTC
All time: 307 at 07-02-2014 03:18 pm UTC
Skip to toolbar