Wednesday, August 30, 2017

Auto Lenders Dial Back On Subprime Loans In Q2

Late payments on auto loans are up, and banks are reacting by pulling back on loans to customers with subprime credit. In a way that's a return to normal, since delinquencies were unusually low and credit was relatively loose.

from Forbes Real Time //www.forbes.com/sites/jimhenry/2017/08/30/auto-lenders-dial-back-on-subprime-loans-in-q2/
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