Why Wall Street Sells So Many Car Loans That Buyers Can’t Pay Off

from Big Take · host Bloomberg and iHeartPodcasts

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] omnystudio.com/listener for privacy information.

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This episode is 31 minutes long.

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This episode was published on November 14, 2023.

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