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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. That’s according to the Wall Street Journal, although Uber would not comment. The company originally […]
Did we not learned anything in 2008?
The record settlement could help the bank avoid future lawsuits.