Subprime Auto Credit: Navigating Risks on the HorizonMICHAEL VOGAN, AUGUST 2017
Auto lending is following a natural and expected credit cycle. Subprime performance will get better as credit tightens. Nonbank auto financiers are facing the highest loss rates when lending to low-income, subprime borrowers. Residual value pressures should begin to abate but will likely increase for trucks and SUVs. Watch the Webinar Replay.
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