{"product_id":"subprime-auto-loans-in-the-us-industry-market-research-report","title":"Subprime Auto Loans in the US - Industry Market Research Report","description":"\u003cp\u003eSubprime Auto Loans in the US - Industry Market Research Report\u003cbr\u003e\nSubprime Auto Loans in the US\u003c\/p\u003e\n\n\u003cp\u003eCompanies in the Subprime Auto Loans industry have contended with rising interest rates and significant economic volatility. Several small, specialized creditors have been pushed to bankruptcy because of diminishing profit and growing subprime auto loan delinquencies. According to Fitch Ratings Inc., the index of the 60-day delinquency rate of subprime auto loans reached 5.8% in February 2018 (latest data available), a worse rating than during the great financial crisis. As a result, many businesses have exited the industry.\u003c\/p\u003e\n\n\u003cp\u003eOperators in this industry finance automobile purchases through loans and leases for subprime borrowers, defined as borrowers with a credit score below 600.\u003c\/p\u003e\n\n\u003cp\u003eThis report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.\u003c\/p\u003e","brand":"Service Industries","offers":[{"title":"September, 2023 \/ 41 Pages \/ MCW16277562","offer_id":47710311678258,"sku":null,"price":1314.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/subprime-auto-loans-in-the-us-industry-market-research-report","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}