Why Wall Street Sells So Many Car Loans That Buyers Can’t Pay Off | The Big Take

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 (https://www.bloomberg.com/graphics/20...)

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Each weekday, The Big Take brings you one story—one big, important story. Host Wes Kosova talks to Bloomberg journalists around the world, experts and the people at the center of the news to help you understand what’s happening, what it means and why it matters. Money, politics, the economy and business, energy, the environment, technology—we cover it all on The Big Take.

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