ProPublica , 8 months ago #WallStreet Bet Big on Used-Car #Loans for Years. Now a Crisis May Be Looming. The used-car market’s hot streak may be ending as borrowers struggle to make payments and regulators say some auto lenders are “setting up consumers to fail.” #Cars #Retail #PersonalFinance #Investing #News https://www.propublica.org/article/wall-street-bet-big-on-used-car-loans-now-crisis-may-be-looming?utm_medium=social&utm_source=mastodon&utm_campaign=mastodon-post
The used-car market’s hot streak may be ending as borrowers struggle to make payments and regulators say some auto lenders are “setting up consumers to fail.”
#Cars #Retail #PersonalFinance #Investing #News
https://www.propublica.org/article/wall-street-bet-big-on-used-car-loans-now-crisis-may-be-looming?utm_medium=social&utm_source=mastodon&utm_campaign=mastodon-post