Beaucoup Bad Credit Car Loans in 2011

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Despite the role of sub-prime loans in the recent financial crisis, this risky lending seems to be coming back. According to Experian Automotive, a unit of credit bureau Experian, 40.8% of 2011 Q2 loans were lent to sub-prime borrowers. Lending criteria is becoming looser, according to the agency, and the potential for future loan losses may cause another recession.

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Subprime Loans On The Rise Again | Subprime Auto Loans

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