Cars and sub prime mortgages

Discussion in 'Economics' started by Hook N. Sinker, May 9, 2008.

  1. Hook N. Sinker

    Hook N. Sinker

    I wonder how to learn the quality of car loans. I suspect if there are lots of sub prime mortgages then there are also lots of sub prime car loans.
     
    #1     May 9, 2008
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  2. nutmeg

    nutmeg

    Good question. I always thought the quality of the loan was based on the interest rate they were charged. High risk %25, low risk credit closer to zero.
     
    #2     May 9, 2008
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