If you hadn’t realized, 2017 ends with a 7. And whether you believe in superstitions or it’s just plain coincidence, most crises in the past began in years ending with the number 7. Some of the biggest financial crises our country and the whole world has faced happened in 1987, 1997 and 2007. If that […]
Subprime Car Loans Lead to the Next Financial Crash — Equifax Says, “NO”
Are we driving toward another global financial crash? The Federal Reserve Bank of New York said that is a “significant concern”, looking at the subprime auto loan delinquencies. In the United States, more “already-indebted” borrowers are exploiting this type of car loan. Interest rates for such loans have been at historic lows, making it a […]