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Lenders’ appetite for BHPH capital shrinks after America’s Car-Mart struggles, dealers say

Subprime auto 60-day-plus delinquencies fell YoY to 6.23% in September

Ongoing liquidity issues at America’s Car-Mart are hurting the industry’s perception of the buy here, pay here market, making it more difficult for dealers in that sector to access funding. Some lenders who have extended capital to the buy here, pay here (BHPH) industry in the past have pulled out or restricted deals after America’s […]

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