Commodity Trade Mantra
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Posts Tagged ‘Low Credit Scores’

Don't Look Now, But The Subprime Auto Bubble May Be Bursting

Losses on car loans taken out by bad-credit borrowers are continuing to climb, thanks in part to the flood of rookie auto finance companies that have entered the market in recent years. You can see the rise in subprime auto borrowers struggling to make car payments in monthly data on bond deals sold on Wall Street.

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