The Repo Man Can Take Your Car. He Can’t Take Your Subprime Loan With It.
Subprime car loan delinquencies are climbing again after a record January. The bigger story is what happens after repossession: lenders…
Driving News, Policy Watchers, and Automotive Industry Hounds
Subprime car loan delinquencies are climbing again after a record January. The bigger story is what happens after repossession: lenders…
The SEC says Tricolor's top executives pledged the same subprime car loans to more than one Wall Street bond deal.…