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Big Wheels: Securitized nonprime auto loan losses climb 202 bps 

60-day delinquencies across nonprime securitized loans rose 69 bps YoY

Ash Savage

Net losses and delinquencies across prime and nonprime securitized auto loans improved month over month but worsened year over year in April.  The MoM improvement was partially driven by tax refunds allowing consumers to make loan payments, according to Kroll Bond Rating Agency’s latest auto loan index, which analyzed performance across auto loan pools during […]

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