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SC - Santander Consumer USA subprime loan delinquency rate picking up - Bloomberg
Santander Consumer USA Holdings Inc.
Santander Consumer USA Holdings (SC+0.2%), one of the largest subprime auto lenders, is seeing some subprime loans that it made last year sour at the fastest rate since 2008, as more consumers than usual default soon after borrowing, Moody's Investors Service analysts said.
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