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Credit Crunch Alert: Subprime Lenders Collapse as Auto Loan Defaults Surge
A wave of bankruptcies among buy-here-pay-here auto lenders is exposing deep cracks in America’s credit market. Rising delinquencies, falling used car values, and higher interest rates are pushing lower-income borrowers—and their lenders—to the breaking point.
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Published on 2 months, 1 week ago