Credit Protection Reaches Weakest Level In Recorded HistoryRupert Hargreaves
At the end of 2017, credit rating agency Moody's warned that despite the improving US economy, 2018 would be a challenging year for borrowers and lenders particularly for auto and student loan credit as interest rates tick higher.
Specifically, the report noted that "although the likely continuation of the US economic expansion for a ninth year will offer support for the collateral performance of consumer asset-backed securities (ABS) in 2018, some pockets . . .
This content is exclusively for paying members. Sign up here
If you are subscribed and having an account error please clear cache and cookies if that does not work email email@example.com or click chat