Tax Refunds Will Boost Auto ABS, Fitch Says
Tax day this year might not be the bear it usually is. At least to some auto finance industry folks. The credit performance of prime and subprime auto asset–backed securities are expected to improve in March and April as tax refunds provide a temporary boost to consumer cash flow, according to Fitch Ratings. The improvements […]
- Cody Lyon
- April 1, 2014
- Capital Markets