Why are subprime auto loans still a thing?

Jun 21, 2017
Did we not learned anything in 2008?
A sign advertises easy credit at a used car dealership in Chicago, Illinois. 
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Rising car loan default rates spell trouble for automakers

Mar 16, 2017
People who took out subprime loans to buy a car are falling behind on their payments at the highest rate since the financial crisis. That could lead to higher costs for people who want a car loan. It’s also bad…

More credit cards going to buyers with imperfect credit

Aug 11, 2016
Companies are issuing cards more freely, so why are delinquency rates down?
More people with poor credit are getting credit cards, according to a new report.
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