This Lender Repos 1 In 3 Cars It Finances — How to Avoid This Cycle
You frequently hear about America’s crushing student loan debt, but cars are not far behind — especially subprime auto loans. While student loans are approaching $1.5 trillion, outstanding auto loans topped the $1.2 trillion mark in the third quarter of 2017, according to the New York Federal Reserve. Subprime borrowers (with credit scores below 620) […]
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