Subprime auto loan bond market getting clobbered

Subprime auto loan bond market getting clobbered

Loan delinquency and plummeting wholesale values clobbering subprime bond market

(Bloomberg) — Subprime auto loan borrowers are increasingly falling behind on payments, and the value of used cars is dropping, two trends that are clobbering bonds tied to the debt.

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Subprime auto loan bond market getting clobbered – Credit Union Collections – Credit Union CollectorsRepo Blood

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