KBRA: Impact of federal stimulus on monthly payments continues to fade
Chart courtesy of Kroll Bond Rating Agency (KBRA).
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Monday, Jun. 14, 2021, 03:23 PM
SubPrime Auto Finance News Staff
NEW YORK -
Kroll Bond Rating Agency (KBRA) highlighted how much federal stimulus money provided a positive bounce for maintaining monthly payments. And according to the firm’s newest report, that bounce is losing its momentum, but the overall market still is solid as analysts said May remittance reports showed auto credit trends remained strong during the April collection […]