Subprime Auto Loans Make Wall Street Rich as Borrowers Struggle

Bloomberg 1 h ago

Data show lenders used different tactics, extending terms or repossessing cars quickly, to keep their investors happy. Neither approach is great for customers. Paige Smith and Ann Choi report. (Source: Bloomberg)

This is a short extract from a report by Bloomberg. The full text stays with the publisher — follow the link to read it there.

Read at source

Business

More