Rising car loan default rates spell trouble for automakers

Marielle Segarra Mar 16, 2017
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Rising car loan default rates spell trouble for automakers

Marielle Segarra Mar 16, 2017
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People who took out subprime loans to buy a car are falling behind on their payments at the highest rate since the financial crisis. That could lead to higher costs for people who want a car loan. It’s also bad news for the automakers. 

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