20.10.2016 19:09:00
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Moody's: Lack of diversity, narrow strategic objectives heighten risk for many subprime auto lenders
New York, October 20, 2016 -- In an inherently risky business, a number of characteristics can help US subprime auto lenders avoid, or at least better weather, periods of high losses, Moody's Investors Service says in a new report. Those with broad, stable franchises and diverse sources of funding are better positioned to withstand stretches of weakening market confidence.