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  1. #1
    Registered User Junior Member
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    36

    Auto Loans - You're Next Subprime Crisis

    According to Bloomberg, defaults on subprime auto-loans are at their highest levels since 2010. Left out of the article also was the fact that auto loans is also now a much bigger market.

    Also, people are usually pretty keen to to keep up on their car payments. They need them to get to work. So if they are falling behind on cars before the next crisis, that is a big deal.


  2. Auto Loans - You're Next Subprime Crisis
  3. #2
    Registered User Junior Member
    Posts
    43
    I have some friends who do personal bankruptcy work. They say business is picking up. So there is some anecdotal data to add to your pile.

  4. #3
    Registered User Enthusiast
    Posts
    51
    It's not called the everything bubble for no reason.

  5. #4
    Registered User Junior Member
    Posts
    34
    So can we "big short" auto loans? Are they securitized?

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