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.


Categories: Consumer Credit | 1 Comment

Post navigation

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.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Blog at

%d bloggers like this: