Standard & Poor’s Expects U.S. ABS Prime Auto Loan Performance To Slightly Soften This Year

Summary: U.S. ABS prime auto loan performance remained strong last year due to tighter underwriting, strong recovery values, and lower unemployment levels. In 2014, Standard & Poor's expects performance to soften somewhat, specifically for captives. In this CreditMatters TV segment, Director Steve Martinez discusses our performance expectations for the next year and the ratings impact.