Wednesday, 22 January 2020

Record-high subprime auto delinquencies on horizon, Cox says

November and December saw record-high delinquency rates on subprime auto loans and may signal even more consumers will fall behind on payments in January and February. To compensate, lenders may restrict credit access further for subprime borrowers in 2020, Cox Automotive said.



source https://www.autonews.com/finance-insurance/record-high-subprime-auto-delinquencies-horizon-cox-says

No comments:

Post a Comment