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US: Subprime auto loans rise in Q2

New data from Experian Automotive show that loans to customers in the nonprime, subprime and deep-subprime risk tiers accounted for more than one in four new vehicle loans in Q2 2012. With 25.41% of all new vehicle loans to customers in these risk tiers, loans to 'credit-challenged' customers were up 14% It’s time to log … Continued

New data from Experian Automotive show that loans to customers in the nonprime, subprime and deep-subprime risk tiers accounted for more than one in four new vehicle loans in Q2 2012.

With 25.41% of all new vehicle loans to customers in these risk tiers, loans to 'credit-challenged' customers were up 14%

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