ATLANTA — Navigator Acceptance, a division of Navigator Holdings LLC, (Navigator) has announced the release of its fourth quarter loan portfolio offering. The $3.2 million portfolio consists of 470 seasoned, sub-prime automobile loans. The offering marks the third consecutive quarter of portfolio sales completed by Navigator, and the largest to date.
The complexion of the fourth quarter portfolio consists of 470 sub-prime auto loans. Each is no more than seven days delinquent with 12 to 40 months remaining term.
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