Sentences with phrase «especially subprime auto loans»

Not exact matches

I read a story recently that auto loans have hit a new high, especially among subprime borrowers.

Scores below 580 are indicative of a consumer's poor financial history, which can include late monthly payments, debt defaults, or bankruptcy; individuals in this «subprime» category can end up paying auto loan rates that are 5 or 10 times higher than what prime consumers receive, especially for used cars or longer term loans.