Subprime Auto Loans Rebounded in 2010

Subprime loan

SubPrimeNews.com - January 17, 2011

CNW Research says sub­prime auto loans totaled just under $9B in 2010, mark­ing a come­back from $8.3B in 2009. The com­pa­ny says about 1.27 units were financed with sub­prime loans, rep­re­sent­ing about 7.6% of the used-car mar­ket.