Warning Signals For Another Subprime Auto Downturn

The subprime auto lending market is exhibiting some characteristics last seen in the early to mid-1990s, when overheated competition resulted in poor underwriting and high losses drove smaller lenders out of business, according to Moody’s Analytics.

  • 23 Jul 2012
The subprime auto lending market is exhibiting some characteristics last seen in the early to mid-1990s, when overheated competition resulted in poor underwriting and high losses drove smaller lenders out of business, according to Moody’s Analytics. Moody’s said that if subprime auto lending standards deteriorate today as they ...

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