Thursday, December 25, 2014

Dipping Into Auto Equity Devastates Many Borrowers by JESSICA SILVER-GREENBERG and MICHAEL CORKERY



By JESSICA SILVER-GREENBERG and MICHAEL CORKERY


With a crackdown on payday lenders, subprime borrowers are increasingly using auto title loans, whose high interest rates can lead to repossession and financial ruin.


Published: December 25, 2014 at 12:00AM


from NYT Business Day http://ift.tt/1veQ9Ta






from WordPress http://ift.tt/1rkIqro

via Hadi Aboukhater

No comments:

Post a Comment