Sentences with phrase «subprime auto loan industry»
Many experts (not this French Bulldog) are saying that the subprime auto loan industry is trending towards a major meltdown.
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Compared to the mortgage industry, the subprime auto loan industry is a much smaller sector.
Not exact matches
Trillions of dollars in student and auto loan industry (auto loan now has subprime loans, just like back in 2007/2008 with the housing market) could cause the market to come crashing down again.
There's a section of the auto - loan market — known in industry parlance as deep subprime — where delinquency rates have ticked up to levels last seen in 2007, according to data compiled by credit reporting bureau Equifax.
The IDC worked to put the brakes on bad practices in the subprime auto industry to protect consumers, some of whom are stuck paying the price of a new car for a junker because of the terms of the loan.
With more subprime auto loans going through, the industry may not be as far along the road to recovery as it seems.
If the crash has to do with some specific industry segment (for example, subprime auto loans), you could see rents in certain market segments get worse, where some rents stay stable.