WWNO skyline header graphic
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Local Newscast
Hear the latest from the WWNO/WRKF Newsroom.

Subprime Loans For Car Buyers Buoy U.S. Sales

(Emiliano Labrador/Flickr)
(Emiliano Labrador/Flickr)

The market for subprime loans is “frothy” once again, Bloomberg News reports.

But instead of home loans, subprime borrowing is booming in the car business, and buoying U.S. car sales.

Bloomberg’s Marty Schenker joins Here & Now’s Meghna Chakrabarti to explain.

Guest

  • Marty Schenker, executive editor of Top News for Bloomberg. He tweets @mschenker.

 

Copyright 2021 NPR. To see more, visit https://www.npr.org.

👋 Looks like you could use more news. Sign up for our newsletters.

* indicates required
New Orleans Public Radio News
New Orleans Public Radio Info