Subprime Auto Loans Just Hit Their Worst Delinquency Rate in 32 Years. Here's What It Means for Lenders.

Impact · against what's priced in

The subprime auto lending sector is facing systemic stress with delinquency rates exceeding Great Recession levels, creating a significant negative catalyst for specialty lenders. While the impact varies by entity, the necessity for CRMT to seek lender support to survive indicates an acute crisis, while CACC and OMF face broadening credit quality deterioration across multiple loan vintages.

CRMT−1.00

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