Recent Streetsblog NYC posts about Car Dependence

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Car Dependence and the Troubling Rise of Subprime Auto Loans

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There have been warning signs about the growth in subprime auto loans for years now. But the issue got some very high-profile attention last week when JP Morgan Chase CEO Jamie Dimon raised concerns that there may be a bubble in the auto lending market. Since the economic recovery began, lending institutions have actually loosened standards for car loans. The auto […]