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US subprime auto-loan delinquencies hit record 5.2%

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  • US subprime auto-loan delinquencies reached a record level.
  • About 5.2% of loans were delinquent for more than 60 days.
  • Serious delinquencies are 1.7 percentage points above the 2008 Financial Crisis level.
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US subprime auto-loan delinquencies hit record 5.2% - CoinPost Terminal