Subprime loan originations for three out of four major credit products declined for the first time since 2012, a TransUnion study released Wednesday found.

Originations of subprime auto loans, personal loans and credit cards dropped 5.3% in the first quarter from a year earlier to 4.63 million, the study said. Subprime mortgages, a lower-volume category, were the exception, rising nearly 10% to 47,125.

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