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In 2021, subprime delinquency rates hit the highest mark since 2009. And if all this wasn’t enough to keep a credit riskmanager from sleeping well at night, consider this: A recent Consumer Reports study found that auto loan portfolios may be riskier than previously thought. new vehicle purchases, there is one car repossession.
It started in 2009 and soon collected $169.5 The promise it made to its customers was that it would automate all their bookkeeping needs. Quirky The next startup failure we present in this article is Quirky. The company intended to be a platform where professionals could meet to develop needed ideas. million in capital.
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