Pandemic Car Buys, Rising Interest Rates, and High Gas Prices: A World of Hurt for Lenders
Perficient
MAY 17, 2022
In 2021, subprime delinquency rates hit the highest mark since 2009. Delinquency rates are rising to levels not seen since the Great Recession, especially among Millennials and Gen Z. We believe now is the perfect time for auto lenders to address their debt collection operations. Many consumers cannot afford these loans.
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