Individual Credit Scores Improving, but Trouble Still Lies Ahead

Fitch Ratings

SubPrime News - June 16, 2010

Accord­ing to Fitch Rat­ings, delin­quen­cies and loss­es on prime auto loan asset-backed secu­ri­ties hit their low­est lev­els in May since the sum­mer of 2007. How­ev­er, offi­cials cau­tioned that this trend was “main­ly due to sea­son­al fac­tors.” In fact, Fitch does not see this strong per­for­mance con­tin­u­ing.

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