Relevant:
- Subprime Flashback: Early Defaults Are a Warning Sign for Auto Sales
- Regulator Raises Red Flag on Auto Lending
- Will subprime auto loans ignite another credit crisis?
- How subprime loans keep the bubble going: Subprime auto and student loans
- Banks Tighten Auto Lending as More Borrowers Fall Into Default
2010-08-10 — helium.com
"Sub-prime lenders are targeting students for auto loans in an attempt to wrestle more money out of unsuspecting clients. Students, especially those in college or university, wish to have the means of travel, and convenience that a car can offer. The reality of the situation, however, is the debt that will accrue as a result of these auto loans."
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