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US Subprime Loan Quality Weakens
U.S. auto lenders are likely to see subprime loan asset quality weaken in 2015, with annualized net losses (ANLs) above their historical averages of 6.24% recently reaching 8% before dropping to 7.26% as of the end of February. The level remains below the past recession peaks of 9%-13%, according to Fitch. Continue reading
Posted in financial results, marketing
Tagged autoinformed, autoinformed.com, fico, Ken Zino
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