Sub-Prime Car Loans?

Here is a link to an interesting article alleging something that is almost too obvious not to be true — a lot of the sub-prime lending techniques that have gotten the mortgage industry in trouble, they learned from CAR DEALERS.

If you have never talked to someone on the inside of the car industry about the multitude of ways they use to just flat out behave like — well, archetypal used car dealers, you really ought to try it sometime.

Elaine

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Categories: Consumer Credit | 1 Comment

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One thought on “Sub-Prime Car Loans?

  1. I took out a sub-prime car loan. It had a huge interest rate, but it was the only way I could get the car. I made the payments, and have a brilliant car. Sub-prime loans really helped me.

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