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More consumers slip into late-stage delinquency in Q2

Subprime market share fell to 1.61%

Riley Wolfbauer

More auto finance accounts rolled into later-stage delinquency status by the end of the second quarter compared with a year ago as credit performance weakened across the industry and subprime market share continued to decline.   At the end of Q2, 23% of auto loan accounts that were 30 days past due became 60 days […]

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