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Home › Moody's says lenders are backing off subprime auto loans

 

Moody's says lenders are backing off subprime auto loans

2014-08-19 17:25:16| Auto Dealers - Topix.net

Lenders are pulling back on extending car loans to consumers with very poor credit histories, reversing a trend that had sparked fears of new financial bubble , according to a report released Tuesday by Moody's Investors Service.

Tags: auto loans lenders backing

Category:Automotive

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