Banks and personal equity companies looking for high-yield financial investments have actually sustained a boom in subprime vehicle loans to purchasers who can’t manage the loans, consisting of those who just recently applied for insolvency.
Produced by: Axel Gerdau and John Woo
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The New Subprime Bubble: Car Loans|The New York Timeshttp:// www.youtube.com/user/TheNewYorkTimes.