A Guide to Auto Loans in 2022
Better Credit Blog
MAY 17, 2022
Subprime loans have been credited with causing the Mortgage Meltdown back in 2008 and 2009, and they’re no longer available for mortgage financing. Similar to mortgage subprime loans, subprime auto loans charge very high-interest rates. Auto dealers use subprime auto loans to get those with poor credit histories into cars.
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