There is good news in the subprime car loan sector, but only if you work in repossessions. For everyone else, it’s bad news, and it might foreshadow worse news in the months and years to come. A new report says that the number of subprime vehicle loans more than 60 days behind has hit the highest level on record. That’s according to data that goes back over 30 years, to the early 1990s.
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