Here We Go Again … History Will Be Repeated … Back To 2008

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More than 2.6% of car-loan borrowers who took out loans in the first quarter of last year had missed at least one monthly payment by November, the highest level of early loan trouble since 2008 [and] more than 8.4% of borrowers with weak credit scores who took out loans in the first quarter of 2014 had missed payments by November [also] the highest level since 2008, when early delinquencies for subprime borrowers rose above 9%.

Expect the volume of vehicle delinquency interviews to increase in 2015. The average pays about $25 … more for a RUSH.

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