Tuesday, 22 July 2014

Car Loans Could Be the Next Subprime Crisis. Thanks, Republicans! - Mother Jones

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Mother Jones



Car Loans Could Be the Next Subprime Crisis. Thanks, Republicans!

Mother Jones

Even though this new subprime market is a fraction of the size of the mortgage market, the used-car loan bubble poses substantial risks to banks still recovering from the recession. Delinquent loans are piling up. Banks had to write off an average of ...









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