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+7.00%
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APR 48 Mos.
Ford Credit‘s percentage of retail contracts with 84-plus-month terms rose in the second quarter while losses ticked up. The rate of loans with terms at or longer than 84 months rose to 21% in Q2 compared with 16% a year prior and 14% in Q1, according to the financier’s July 28 earnings presentation. The portfolio mix defined as “higher risk” was stable at 3%. Second-quarter results reflected […]
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David Thompson
David Thompson
David Thompson
