There have been reports recently about how the subprime auto lending market is the very similar to the subprime mortgage crisis and could very well be the next bubble. (sammantics.com)
Banks competing in the indirect auto lending channel can't stop once they successfully book the loan. (fico.com)
Also, a package of eleven bills will be introduced to combat predatory auto lending practices in the state. (thebronxchronicle.com)