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THE WOLF STREET REPORT: What’s Behind the Subprime Consumer Loan Implosion?

Summary:
These are the good times, but why are subprime credit cards, auto loans, and short-term installment loans blowing out? (11 minutes) By Wolf Richter for WOLF STREET. [embedded content] Enjoy reading WOLF STREET and want to support it? Using ad blockers – I totally get why – but want to support the site? You can donate. I appreciate it immensely. Click on the beer and iced-tea mug to find out how: Would you like to be notified via email when WOLF STREET publishes a new article? Sign up here.

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These are the good times, but why are subprime credit cards, auto loans, and short-term installment loans blowing out? (11 minutes)

By Wolf Richter for WOLF STREET.

Enjoy reading WOLF STREET and want to support it? Using ad blockers – I totally get why – but want to support the site? You can donate. I appreciate it immensely. Click on the beer and iced-tea mug to find out how:

THE WOLF STREET REPORT: What’s Behind the Subprime Consumer Loan Implosion?

Would you like to be notified via email when WOLF STREET publishes a new article? Sign up here.

Wolf Richter
Founder, Wolf Street Corp. In his cynical, tongue-in-cheek manner, he muses on WOLF STREET about economic, business, and financial issues, Wall Street shenanigans, complex entanglements, and other things, debacles, and opportunities that catch his eye in the US, Europe, Japan, and occasionally China.

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