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Thursday, September 17, 2015

How subprime loans keep the bubble going: Subprime auto and student loans

http://www.mybudget360.com/subprime-auto-and-college-debt-subprime-back-again/

Over the last seven years courtesy of the Fed's low rate policies, auto and student debt has surged in dramatic fashion.  While the shrinking middle class is unable to purchase homes with inflated values, many are still chasing the dream by going into debt for cars and college.''

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