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Marketplace

It's a correction, folks

Feb 27, 2020

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Subprime loan market losing its appeal for lenders

by Jed Kim Dec 27, 2017
Subprime loans give money to borrowers with less-than-stellar credit ratings. In return, lenders collect higher interest. But the shine is off lending to riskier borrowers these days. There’s word this week that Uber is selling off its subprime car-leasing division.…