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Tag: subprime
Attitudes Toward Subprime Auto Loans Improving
2013-05-08 00:35:24| AutomotiveDigest.com - Automotive Industry News
Subprime mortgages caused big problems in 2008 and 2009 and subprime auto was tainted because it shared the same name, said Greg Goebel, CEO of Used Car University. Ill-informed people might see parallels, said Jack Tracey, executive director of the National Automotive Finance Association. Informed sources, such as rating agencies and credit bureaus, take a [...]The Article Attitudes Toward Subprime Auto Loans Improving appeared first on Automotive Digest.
Tags: auto
loans
improving
attitudes
Are Subprime Loans Fueling Auto Sales?
2013-04-27 17:10:17| Auto Dealers - Topix.net
A new report suggests that the Dodge Avenger may be especially popular with subprime new-car buyers.
Tags: auto
sales
loans
fueling
Prime ABS Loans Did Much Better than Subprime
2013-01-09 08:27:59| AutomotiveDigest.com - Automotive Industry News
The end of 2012 saw strong performance for US prime auto asset backed securities (ABS) while subprime loans again took a step back, according to the latest index results from Fitch Ratings. Subprime auto ABS performance has declined over the past six months, driven by the typical weak fall season going into late 2012, as [...]The Article Prime ABS Loans Did Much Better than Subprime appeared first on AIN Media.