The fresh article is dependant on studies out of Speed Chance?, an analytical databases having deidentified information on car and you may car funds taken from vehicles headings and you may registrations, vehicles loan providers, and you may automobile brands
Inside a beneficial ined the potential feeling of rising automobile cost to your users which have strong subprime credit ratings, concluding that they are like apt to be financially insecure.
This is the CFPB's second article in a matter of months examining the perception off rising vehicle costs into customers. The initial, wrote into and you may...