Subprime mortgage is a "domino effect" of car loans has also been turmoil.

<P>: Http://finance. News, U.S. real estate crisis in the subprime market has not been lifted. .Ratings agency Standard & Poor recent analysis, probably from the financial crisis in subprime mortgages, spread to the mortgage market low-quality cars. .</ P> <P> According to "Reuters" report, Standard & Poor's report pointed out that those who had to default interest, and the owner of debt on debt, probably the most vulnerable to subprime mortgages spread to the event. .Some vehicle owners rely on subprime mortgage revenue sources as a car loan repayment, and now must face the situation of mortgage interest rates generally increase to pay auto loans, the ability to drop even lower. .Standard & Poor analyst MarkRisi that such high-risk group, I am afraid will not run into the dilemma of a car loan. .</ P> <P> the subprime crisis in recent weeks, many investors worry about the follow-up effects will occur one after another, in addition to other types of collateral for housing loans, will be directly affected, including auto loans. .Analysts JoeFrancomano said: As the subprime mortgage problems linger, and the like will be extended to other collateral loans, such as auto loans, people worried. .</ P> <P> subprime crisis so far has not yet fully spread, investors can find a little peace of mind. .But the Standard & Poor warned in a recent report, there are many car loan lenders have begun to feel the impact of the situation more serious arrears. .</ P> <P> divided by the effect of debt on debt outside, Risi that another factor in the bank no longer willing to maintain an accommodative policy, deepen the pressure on some borrowers. .For example CapitalOneFinancialCorp company, in order book performance, the past has been to provide loans to borrowers with poor credit, allowing them to extension of repayment and the loan period. .Today, the chances of default of these people. .However, Standard & Poor or observed a good news. .That is the car loan borrowers, in fact, most can not afford a house, naturally, there is no mortgage problems, which reduce the impact of the car loan market. .</ P> <P> Standard & Poor also believes that, in the main car loan market, the current performance is still good. .Risi said that in 2006, car loan debt securities had a record 91 upgrades, compared to under score the first two months of 2007 there were 13 improved, and the first quarter of 2006, only seven, so .can see that the car loan market in 2007 is not the main problem. .</ P>.