Why Wall Street Sells So Many Car Loans That Buyers Can’t Pay Off | The Big Take

Adolf Goebbels
Published on Nov 15, 2023
Bloomberg’s Paige Smith and Scott Carpenter join this episode to talk about why the subprime auto loan market is thriving—and what that means for lower-income car owners who face high interest rates and the possibility of losing their vehicles.

Read more: How Wall Street Makes Millions Selling Car Loans Customers Can’t Repay (https://www.bloomberg.com/graphics/2023-wall-street-subprime-car-loans/?srnd=undefined)

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