Wednesday, January 28, 2015

WALL STREET LOOTS AMERICA - Delinquency rates for auto loans hit highest level since 2008

Delinquency rates for auto loans hit highest level since 2008


Some auto lenders target people with risky credit,

since they can gouge high interest rates out of

them and use compulsory methods to force then

into borrowing more.


Delinquency rates for auto loans hit highest level since 2008

By Douglas Lyons
28 January 2015
The rate of missed payments for auto loans has reached the highest level since 2008, showing the effect of the stagnation of workers’ incomes and the increasing prevalence of predatory practices by banks and auto lenders.


WALL STREET’S PERPETUAL BAILOUT and
the DEATH of the AMERICAN MIDDLE-CLASS

WALL STREET SURGES … a day closer to the meltdown and another bailout!

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