You are here

Sub-prime car loans riskier than ratings: Moody's and Fitch

New York

THE booming market for securities backed by sub-prime car loans is riskier than their ratings imply, say two of the biggest assessors of bond credit quality.

Moody's Investors Service and Fitch Ratings analysts said in interviews that the grades their competitors have...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to