Auto loans: The new subprime boom

    It’s classic subprime: hasty loans, rapid defaults and, at times, outright fraud. Only this isn’t the U.S. housing market circa 2007. As Bloomberg reports, it’s the U.S. auto industry circa 2…


    Already a subscriber? Sign in.

    We are glad you enjoy reading Business Report.

    Continue reading this story and get ACCESS to all our content from any device with a subscription now.

    • Get access to more than a decade of story archives.
    • Get access to our searchable data center of TOP LISTS.
    • Get exclusive content only available to INSIDERS.