To produce up for the possibility of dealing with more and more high-risk borrowers, subprime car loan providers charge annual interest levels that will top 20 per cent.

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To produce up for the possibility of dealing with more and more high-risk borrowers, subprime car loan providers charge annual interest levels that will top 20 per cent. The Exeter loan Nelson and their spouse have, for instance, carried a rate that is 21.95-percent. Exeter, which can be majority-owned by private-equity giant Blackstone Group, assumes […]