OK, get this: At a time when there are 29.6 million people claiming state or federal unemployment insurancebecause they lost their work in the worst economy of a lifetime, subprime auto-loan delinquencies, which in the past had spiked during much smaller labor market downturns, are doing the opposite: they’re dropping. Meaning, since April, people with subprime credit ratings are defaulting a lot less on their auto loans than they did during the Good Times. LEARN MORE https://bit.ly/2H04iGN
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See AllBy Kyle Heintschel Regional Sales Manager Capital is the lifeblood of all buy here-pay here (BHPH) operations, and current economic conditions have made getting a cash infusion an expensive propositio
Used car values slumped nearly 7 percent in the third quarter of 2022, according to Cox Auto, and at the same time, consumers are being stretched thinner when it comes to their monthly budgets. It doe
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