Wall Street Bet Big on Used-Car Loans for Years. Now a Crisis May Be Looming.

www.propublica.org

cross-posted to:
news@lemmy.world

Wall Street Bet Big on Used-Car Loans for Years. Now a Crisis May Be Looming.

www.propublica.org

tintory@lemm.ee to

politics @lemmy.world · 1 year ago

cross-posted to:
news@lemmy.world

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.”

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1 year ago
In depth: https://youtu.be/GPOv72Awo68?si=GlMn5PYs2MNpIlD6

When I understood the article mentioned above correctly that’s basically the exact same thing.

politics @lemmy.world

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