S&P Global Ratings sees contract extensions continue to decline
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Monday, Oct. 26, 2020, 03:55 PM
SubPrime Auto Finance News Staff
NEW YORK -
S&P Global Ratings discovered contract extensions in both the prime and subprime credit segments are trending lower, according to its latest report released on Friday. Analysts found that extensions in U.S. public auto loan asset-backed securities (ABS) declined for the fourth consecutive month in August. They made that assertion based on portfolio data filed with […]