CFPB studies subprime auto loan defaults by lender types

CFPB studies subprime auto loan defaults by lender types
CFPB studies subprime auto loan defaults by lender types

Almost unnoticed last month, the Consumer Financial Protection Bureau released a Data Point report on Subprime Auto Loan Outcomes by Lender Type. In this forty-six-page report, they examine the effects of interest rates and default risks variances based upon different types of subprime lenders and how variations in interest rates can be explain the differences in default rates.

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