It's only been six years since the U.S. suffered a major financial crisis that nearly crippled its entire economy, so it's a bit unnerving to see the comeback of one of the main culprits: subprime loans.
Wells Fargo & Co., the largest mortgage lender in the U.S., announced in February that it would once again start offering subprime mortgages to some higher credit risk clients. Also, Equifax reported that subprime loans make up about 30 percent of the $900 billion auto loan market — the highest…
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