Tag: high risk segments

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Auto loan originations increase significantly for some...

Lenders are increasing loans to credit-challenged customers. According to Experian’s quarterly automotive credit analysis, 21.87 percent of all new vehicle loans went to customers in the nonprime, subprime and deep-subprime categories. The largest percentage increases were in the two highest-risk segments: deep subprime, which jumped 17.3 percent, and subprime,...

Read More Auto loan originations increase significantly for some credit tiers