Posts Tagged
Growth in auto debt since the financial crisis
New Warning Sign as Fewer Subprime Auto Borrowers Pay Off Early
published May 30th 2017, 3:42 pm, by Matt Scully (Bloomberg) —Fewer subprime borrowers are paying off their auto loans early, a possible sign that consumers with weaker credit scores are struggling more, according to a report by Wells Fargo & Co. researchers. Borrowers are making fewer extra payments on loans that