Chrysler's Comeback Linked To Extensive Subprime Loans?

Chrysler's Comeback Linked To Extensive Subprime Loans?

The dramatic comeback of subprime loans has helped the entire industry recover from the recession, but easier credit has returned like an old friend to Chrysler Group.

In the first quarter of 2012, 29 of every 100 new-auto loans for Chrysler vehicles have been to consumers with credit scores below 680, says credit agency Experian Automotive. Experian considers scores below 680 subprime.

 

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chewychewy - 6/5/2012 8:54:41 PM
+3 Boost
I think the article should be titled Hyundai-Kia, as they actually have the highest percentage.


VroooomVroooom - 6/6/2012 9:33:02 AM
+2 Boost
Subprime or not, they are selling cars, keeping jobs, and pumping money into the economy. You be suprised how many of those Upper Middle class people that are now in that "subprime" category due to their economic downturn over the last few years.


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