Do Rising Auto Delinquencies Spell Trouble Ahead?
Is consumer credit quality deteriorating? TransUnion reports: “While delinquency levels for subprime borrowers have grown from 4.2% in Q3 2012 to 4.5% in Q3 2013 to 5.3% in Q3 2014, the contribution of this segment to the overall delinquency rate has been muted because their share has remained between 14% and 15% during this timeframe. …
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