US Car dealers don’t rip off subprime borrowers
Rather than exploiting buyers with low credit scores, dealers lose an average of $301 arranging loans to them
University of Texas at Austin
video:
Research from Texas McCombs Associate Professor of Finance Samuel Kruger finds that rather than exploiting buyers with low credit scores, dealers lose an average of $301 arranging loans to them.
view moreCredit: The University of Texas at Austin McCombs School of Business
Journal
Management Science
Article Title
Dealer Financing in the Subprime Auto Market: Markups and Implicit Subsidies
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