Subprime loan market losing its appeal for lenders

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.…

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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Uber drivers struggle to pay subprime auto loans

May 13, 2015
Some Uber drivers report feeling trapped in the driver's seat.

JPMorgan may settle with government for record $11 billion

Sep 26, 2013
The record settlement could help the bank avoid future lawsuits.
JPMorgan Chase & Co.'s Manhattan headquarters.
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What happened to the subprime lenders?

Sep 12, 2013
Many subprime employees moved into loan modification businesses.