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Share of subprime borrowers up 1.6% YoY

Exeter Finance issues $1.2B ABS loan

Aidan BushbyAidan Bush
August 18, 2025
in Capital & Funding
Reading Time: 3 mins read
0

Subprime loan issuance climbed year over year in July but fell month over month as prime consumer demand wanes. The share of auto loans issued to subprime borrowers ticked up 1.6% year over year, Jonathan Gregory, senior manager of economic and industry insights at Cox Automotive, told Auto Finance News. The share of loans issued […]

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