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jakeXT

(10,575 posts)

6. And I thought it was about subprime auto loans

Sun Nov 23, 2014, 07:08 PM

Nov 2014

Auto loan delinquencies rose in 3rd quarter

Auto loan delinquencies rose in the third quarter as banks, finance companies and automakers make more high-risk subprime loans to buyers with checkered credit histories.

Experian, a data analysis company that helps lenders manage risk, issued a report Wednesday showing that the percentage of auto borrowers who are at least 30 days behind rose 3.7% between July and the end of September from the year earlier period.

Those who are 60 days or more behind jumped 8.6% from a year earlier.

Deep subprime loans, which carry even greater risk than subprime loans, accounted for 3.84% of all car loans in the third quarter, up from 3.57% a year earlier.

http://www.freep.com/story/money/cars/2014/11/19/auto-loan-delinquencies-rise/19270615/

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Highlight:

Obama: Americans Want 'New Car Smell' In 2016 [View all] Purveyor Nov 2014 OP

Politics in 21st Century America does smell. gordianot Nov 2014 #1

And it doesn't smell good. bigwillq Nov 2014 #3

Oooo, Oooo That Smell.... Purveyor Nov 2014 #9

It's Sad Chasstev365 Nov 2014 #2

I completely agree Droning Predator Nov 2014 #38

that doesn't exactly sound like an endorsement of Hillary. Voice for Peace Nov 2014 #4

I didn't read it as such either, just the opposite. Purveyor Nov 2014 #5

"a new smell" would eliminate clintons and bushes. Voice for Peace Nov 2014 #7

Reminds me of Eisenhower's great vote of confidence for Richard Nixon RufusTFirefly Nov 2014 #8

ooh that reminds me how hopping mad at her I was throughout that primary. Voice for Peace Nov 2014 #10

Deep down, Ike probably hated and despised Tricky Dick. Although I'm no big KingCharlemagne Nov 2014 #59

a WOMAN doesn't smell different to you? VanillaRhapsody Nov 2014 #29

Not all women. Voice for Peace Nov 2014 #57

And I thought it was about subprime auto loans jakeXT Nov 2014 #6

So Did Obama just give the Republicans the keys to the front INdemo Nov 2014 #11

Shhh.... People are playing chess. n/t jtuck004 Nov 2014 #13

Did he just throw Hillary under the bus? Autumn Nov 2014 #12

Yup Demeter Nov 2014 #14

Maybe a new chess move? Autumn Nov 2014 #16

More like Same Old, Same Old Demeter Nov 2014 #17

He sure gave the republicans ammo if she runs. Autumn Nov 2014 #19

Nah - more like checkers. 840high Nov 2014 #22

I hope Hillary doesn't run but Autumn Nov 2014 #23

Oh, she's running. No doubt 7962 Nov 2014 #52

or Joe Biden. TheCowsCameHome Nov 2014 #24

How bout the fact that we have never had the "scent of a woman" in that position? VanillaRhapsody Nov 2014 #30

Exactly so my dear friend, I also like Al Pacino. Not sure he can win the election but Autumn Nov 2014 #33

No but Hillary Clinton does! VanillaRhapsody Nov 2014 #34

I bet she smells better than air freshener. Autumn Nov 2014 #36

Oh yeah....ask Bill Clinton... VanillaRhapsody Nov 2014 #37

I bet Obama knows how Hillary smells. She was his SOS after all. Autumn Nov 2014 #39

Yeah she smells like winner! VanillaRhapsody Nov 2014 #40

Oh how funny, I saw the word weiner instead of winner Autumn Nov 2014 #43

Of course you did....you wouldn't know a winner if it slapped you. VanillaRhapsody Nov 2014 #44

That really hurt my feelings. Autumn Nov 2014 #45

I don't care... VanillaRhapsody Nov 2014 #46

Just when I think you are my friend you go off the rails. Autumn Nov 2014 #47

I told you I don't want to date you nor be your friend. VanillaRhapsody Nov 2014 #48

I don't want to date you either but I am willing to be your friend. Autumn Nov 2014 #49

You need a few thousand more posts fawning over the status quo beerandjesus Nov 2014 #65

Hillary is not a republican. 7962 Nov 2014 #54

What a perfectly crass corporate metaphor. woo me with science Nov 2014 #15

that is a very telling archive of articles. thank you. bbgrunt Nov 2014 #25

Love it! Phlem Nov 2014 #26

Now that was a big blue link wall Woo. zeemike Nov 2014 #27

2 can play that game.... VanillaRhapsody Nov 2014 #31

You crow about the corporations, name one candidate who could get elected to president without Thinkingabout Nov 2014 #35

I invite you to post this reply in the new DU group: "Populist Reform of the Democratic Party". NYC_SKP Nov 2014 #51

Holy shit what a list. Wow. 7962 Nov 2014 #55

+1 AngryOldDem Nov 2014 #64

This is GREAT news! MannyGoldstein Nov 2014 #18

"...who has more fresh faces than Hillary Clinton?!" woo me with science Nov 2014 #20

People who don't like her are pissed the President they don't like Ykcutnek Nov 2014 #21

YES, thanks for pointing this out. Thinkingabout Nov 2014 #41

Not me! n/t A Simple Game Nov 2014 #42

so the idea is to run out the clock ... quadrature Nov 2014 #28

Oh, you mean like an Edsel rock Nov 2014 #32

Perhaps "hard-working white Americans" prefer used cars RufusTFirefly Nov 2014 #50

Read the article before commenting... he never dissed Hillary OKNancy Nov 2014 #53

Payton Manning (who probably wouldn't vote for a Dem in a million years) agrees tularetom Nov 2014 #56

I'll make it a mission to set that he does... Raul Hernandez Nov 2014 #61

Then we definitely don't want a Boomer. GeorgeGist Nov 2014 #58

Weird comment.. Doctor Who Nov 2014 #60

Hillary will run to Obama's right. And lose. blkmusclmachine Nov 2014 #62

I love the President BUT sometimes he has foot in mouth disease bigdarryl Nov 2014 #63