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It's also an issue for subprime consumers with installment loans: According to Experian, the average auto loan interest rate for subprime borrowers is 11.92% for new cars and 17.74% for used cars.
About 4 million, or roughly one in five, federal student loan borrowers with a payment due are seriously delinquent, ...
A Florida company that says it was defrauded in the Capital Force LLC subprime car loan scheme is dismissing claims against ...
Missing student loan payments can lower credit scores by varying amounts depending on a borrower's credit. Reduced credit ...
And total household debt now exceeds $18 trillion.
The Consumer Financial Protection Bureau dropped out of a case alleging one of the country’s largest subprime auto lenders ...
A record number of federal student loan borrowers are seriously delinquent as debt collections resume after a five-year pause ...
Equifax reported earlier this year that consumer debt in auto loans and leases has surpassed $1.7 trillion, exceeding credit ...
Agora started out by providing independent and franchise dealerships with an online platform to manage their retail installment sale contracts (RISCs).