Tagged: Subprime

John Oliver throws shade at subprime auto lenders

Everyone is familiar with the annoying commercials where dealerships urge customers with damaged credit, or even no credit, to trade their car in for a spanking new ride. The commercials emphasize that a customer’s credit...

Low Interest Rates, Jobs Boost Subprime Auto Lenders

New auto loan originations are at record highs, according to an Equifax (NYSE:EFX) National Consumer Credit Trends Report released this month, thanks to low interest and unemployment rates. Severe delinquency rates are the lowest that...

Car Sales Drive A Return To Subprime

Car Sales Drive A Return To Subprime

New auto loan originations are at record highs, according to an Equifax (EFX) National Consumer Credit Trends Report released this month, thanks to low interest and unemployment rates. Severe delinquency rates are the lowest that...