Sub-prime Auto Loan Defaults Reach 20-Year High

InsureZero.com - Sub-prime Auto Loan Defaults Reach 20-Year High

In February, the number of seriously delinquent borrowers with sub-prime rates on their auto loans broke the five percent mark, Fitch Ratings reported. This marks the largest number of delinquent borrowers since 1996 and surpasses the highest levels reached during the recession. Despite the...
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