Car Trouble: Predatory Auto Loans Burden North Carolina Consumers
It's the rare car buyer who walks out of a dealership convinced they got the absolute best deal on their purchase. CRL researchers have closely scrutinized dubious car lending practices – using data derived from industry sources and results from a consumer survey – so that buyers might be better informed and get a fairer shake. "Car Trouble: Predatory Auto Loans Burden North Carolina Consumers," is CRL's first ever research report on this topic, and its findings are concerning. We found that total kickback volume in North Carolina for new and used autos bought in 2007 totals a massive $665...