Sentences with phrase «subprime auto loan origination»
Since 2009, that is just the second time subprime auto loan origination fell from the prior year.
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Outstanding subprime auto debt (classified in the chart below as debt held by borrowers with origination credit scores under 620) now stands at about $ 300 billion... Since 2011, the overall delinquency rate of loans originated by auto finance companies has significantly deteriorated.