Subprime Auto Loan Delinquencies 2017

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Deep Subprime Auto Loans Are Surging - Bloomberg

About a third of the risky car loans that are bundled into bonds are considered deep subprime a level that has surged since 2010 and is translating to higher delinquencies on the loans

Link: https://www.bloomberg.com/news/articles/2017-03-28/-deep-subprime-becomes-norm-in-car-loan-market-analysts-say

Actived: Tuesday Mar 28, 2017 (2 years ago)

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Subprime auto loans are increasingly going - Bloomberg.com

It s classic subprime hasty loans rapid defaults and at times outright fraud. Only this isn t the U.S. housing market circa 2007. It s the U.S. auto industry circa 2017. A decade after

Link: https://www.bloomberg.com/news/articles/2017-07-17/new-u-s-subprime-boom-same-old-sins-auto-defaults-are-soaring

Actived: Monday Jul 17, 2017 (1 year ago)

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U.S. Auto Loan Interest Rates and Delinquencies Q4 2017

Overall auto delinquency is on the rise and the first quarter of 2017 saw near-record volume $8.27 billion in new severely delinquent auto loans. 2 Interest rates dipped last quarter with average new car loan rates down to 5.11 .

Link: https://www.magnifymoney.com/blog/auto-loan/auto-loan-interest-rates-and-delinquencies-facts-and-figures864685915/

Actived: Monday Mar 18, 2019 (4 days ago)

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Auto loan delinquencies rise as drivers splurge on pricey cars

Auto loans topped $1 trillion for the first time last year. Auto loan delinquencies are now rising faster than any other category. Still car loans make up only a small portion of total household

Link: https://www.cnbc.com/2017/06/12/auto-loan-delinquencies-rise-as-drivers-splurge-on-pricey-cars.html

Actived: Tuesday Jun 13, 2017 (1 year ago)

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U.S. Household Debt Reaches Record $13 Trillion Watch

Given its current relative size as a consumer loan segment delinquent subprime auto loans from auto finance companies do not on an absolute basis meaningfully impact the overall economy.

Link: https://www.forbes.com/sites/zackfriedman/2017/11/14/debt-auto-loans/

Actived: Tuesday Nov 14, 2017 (1 year ago)

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Lenders hit the brakes on subprime auto loans - CNBC

A new report by Experian shows the number of loans written in the first quarter for borrowers with subprime and deep subprime credit ratings fell to a 10-year low.

Link: https://www.cnbc.com/2017/06/07/lenders-hit-the-brakes-on-subprime-auto-loans.html

Actived: Wednesday Jun 7, 2017 (1 year ago)

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Auto loan delinquencies extending beyond subprime

Auto loan delinquencies extending beyond subprime consumers February 2 2017 by Kelly Kent There has been a lot of discussion around the auto loan market regarding delinquency rates in the past year.

Link: http://www.experian.com/blogs/insights/2017/02/auto-loan-delinquencies-extending-beyond-subprime-consumers/

Actived: Wednesday Feb 1, 2017 (2 years ago)

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Car loans in the US have hit record levels and

The worsening in the delinquency rate of subprime auto loans is pronounced with a notable increase during the past few years said the bank a few months ago.

Link: https://qz.com/913093/car-loans-in-the-us-have-hit-record-levels-and-delinquencies-are-rising-fast-too/

Actived: Tuesday Mar 19, 2019 (3 days ago)

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Auto-Loan Subprime Blows Up Lehman-Moment-Like Wolf Street

Of all auto loans outstanding 2.4 were 90 days seriously delinquent up from 2.3 in the prior quarter. But delinquencies are concentrated in the subprime segment that $282 billion and all hell is breaking lose there.

Link: https://wolfstreet.com/2017/11/14/auto-loan-subprime-blows-up-lehman-moment-like/

Actived: Monday Nov 13, 2017 (1 year ago)

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Fitch on auto loan market - Business Insider

The 60 day delinquency rate for subprime is closing in on the 6 mark and is the highest in at least seven years. Fitch expects that deteriorating credit performance will be more acute in the

Link: https://www.businessinsider.com/fitch-on-auto-loan-market-2017-3/

Actived: Wednesday Mar 22, 2017 (2 years ago)

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