ETFs with exposure to "car finance bad credit" companies gained 2.3% last week, outperforming the broader financial sector, hinting at sector rotation potential. A related analysis of the FICO report blamed rising debt levels and missed borrower payments — along with overall economic uncertainty, rising consumer prices and higher interest rates — for putting the 2-point dent in the average credit score [2]. According to a Yahoo Finance analysis, Rate offered higher-than-median interest rates and loan costs to borrowers in 2024. In technical chart patterns, specialty lenders in "car finance bad credit" have broken through resistance levels last week, signaling potential momentum trades in the near term.
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