How are Americans buying cars they can’t afford? – BBC News

Subscribe to BBC News www.youtube.com/bbcnews Not so long ago “subprime” fear was the word to get into the hearts of bankers everywhere. Risky mortgage lending to people with bad credit scores – who eventually defaulted on debt – was the main driver of the 2008 financial crisis. But have the banks returned to their former ways? Subprime lending is on the rise again in the U.S. – not for home loans, but for cars. Michelle Fleury has sued from New York. Subscribe http://www.youtube.com/bbcnews
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