Subprime Auto Loans Make Wall Street Rich as Borrowers Struggle
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)
<p>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)</p>