2014 Bankruptcy Highlights
Stats taken from article provided by Subprime Auto Finance news. Click here to read it in its entirety
A very interesting article published by SubPrime Auto Finance News says; CNW Research is upbeat about how much subprime paper is going to flow into finance company portfolios this year.
In a special projection report released on Tuesday, CNW is expecting subprime approvals to improve in 2015, but not quite to the same level as this past year. President Art Spinella pegged the year-over-year improvement projection at 12.75 percent “driven in large part by automakers’ captive finance companies looking to expand sales. Read more here.
BEBdata blog presents bankruptcy records of the 2014 Chapter 7 Filings & Discharges. CA leads the pack with almost double the runner up state of FL.
Bob Lawless, a frequent contributor to the Bankruptcy Blog known as Credit Slips recently submitted a blog explaining why Bankruptcy Filings will be at their lowest numbers since 1995. Check out the details of this fascinating topic by clicking here.
Interesting article from Central Valley Business Times on Student Loan borrowers.
Struggling private student loan borrowers describe being driven into default with very little information or help when they get in trouble, no affordable loan modification options available, and alternatives to default that are temporary at best, read more here.
Joe Overby of Auto Remarketing shared that Certified Pre-Owned (CPO) vehicle sales climbed nearly 20% year-over-year in September! That’s the best quarter ever for the market, says Autodata Corp. Continue reading
PLEASE NOTE: Our data is based on one per household, minus multiple filers and has been cleansed to postal specifications.
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