Almost unnoticed last month, the Consumer Financial Protection Bureau released a Data Point report on Subprime Auto Loan Outcomes by Lender Type. In this forty-six-page report, they examine the effects of interest rates and default risks variances based upon different types of subprime lenders and how variations in interest rates can be explain the differences in default rates.
More Stories
Convicted Poker Champ, Car Dealer and Alleged Cartel Victim to Pay Restitution… with Future Poker Winnings
Ten Cars, Eight Days, One Waitress – Another Miami Bust Out Fraud Arrest
Luxury Lies: Inside a Cross-Country Auto Fraud Scheme