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A record number of Americans are falling behind on car payments, raising concerns about increased losses for subprime auto lenders. The trend threatens lender earnings and could lead to wider credit spreads or tighter lending standards in the subprime auto loan market.

Analysis

A record number of Americans are falling behind on car payments, raising concerns about increased losses for subprime auto lenders. The trend threatens lender earnings and could lead to wider credit spreads or tighter lending standards in the subprime auto loan market.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.50