Bloomberg’s Paige Smith and Scott Carpenter join this episode to talk about why the subprime auto loan market is thriving—and what that means for lower-income car owners who face high interest rates and the possibility of losing their vehicles.
Read more: How Wall Street Makes Millions Selling Car Loans Customers Can’t Repay
Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK
Have questions or comments for Wes and the team? Reach us at [email protected].
See omnystudio.com/listener for privacy information.
Fler avsnitt av Big Take
Visa alla avsnitt av Big TakeBig Take med Bloomberg and iHeartPodcasts finns tillgänglig på flera plattformar. Informationen på denna sida kommer från offentliga podd-flöden.
