The Traderszone Network

Published in TZ Latest News 26 December, 2014 by The TZ Newswire Staff

"Will We Never Learn?" – Meet Subprime Auto ‘Title Loans’: 2014’s Home ATM

The car is at the center of the biggest boom in subprime lending since the mortgage crisis, and The NY Times reports, similar to how a red-hot mortgage market once coaxed millions of borrowers into recklessly tapping the equity in their homes, the new boom is also leading people to take out risky lines of credit known as title loans.

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