Subprime share falls below Great Recession levels in Q4

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Close to a year after the start of the COVID-19 pandemic, subprime market share has fallen below Great Recession levels, and affordability concerns continue to heighten. Subprime originations for used- and new-vehicle loans declined to 15.99% of the total market in the fourth quarter of 2020, down from 18.36% a year ago, according to Experian’s […]





Source : AutoFinanceNews