Subprime Auto Loans Might Be Ok Because After All, People Need Their Cars

Subprime Auto Loans Might Be Ok Because After All, People Need Their Cars

Late last month I asked (rhetorically) if the subprime auto bubble was bursting. Admittedly, I haven't followed the space closely since late 2015, but I think it's safe to say, given the Bloomberg headlines I've seen over the past several months, that the same dynamics that prevailed two years ago are largely still operating today. Remember the logic that prevailed in the lead up to the housing crash? It went something like this: looked at individually, these loans are sh*t but if you pool
Subscribe or log in to read the rest of this content.

One thought on “Subprime Auto Loans Might Be Ok Because After All, People Need Their Cars

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.