DOJ: Minorities May Have Been Unfairly Targeted With Deceptive Loans

Following the Great Recession, credit dried up, dealing a brutal blow to the auto industry. Lenders tightened up so much that even people boasting fairly good credit scores were offered loans with sky-high interest rates or denied altogether. Half a dozen years down the road, credit restrictions have loosened dramatically. Unfortunately, according...
Money and car keysFollowing the Great Recession, credit dried up, dealing a brutal blow to the auto industry. Lenders tightened up so much that even people boasting fairly good credit scores were offered loans with sky-high interest rates or denied altogether. Half a dozen years down the road, credit restrictions have loosened dramatically. Unfortunately, according...
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