Daily Digest – February 12. The Subprime Lender That Repossesses 35% of the Cars it Finances

THE SUBPRIME LENDER THAT REPOSSESSES 35% OF THE CARS IT FINANCES

  • Credit Acceptance repossesses 35% of the cars it finances, according to a published report. While that number might be in line with other subprime auto lenders, that 35% figure did make it to the mainstream media last week. That figure has also remained fairly consistent for the past few years, according to the report.

 

WORTH NOTING: There is so much wrong with this: A 38-year-old mother and teacher has died from flu complications after deciding $116 was too much to spend on medicine … President Trump is expected to unveil the details of his $1.5 trillion infrastructure plan to help fix roads, highways, ports, and airports … Pepsi has launched a new line of sparkling water called bubly … A workplace meditation challenge that will make everyone in the office happier … Conversation topics that should and shouldn’t be discussed in the office … Bank of America is the latest company to ban this job interview question … Disney World and Disneyland raised their prices again … Adults posed as high school students for a new documentary series  … A review of Apple’s HomePod … L.L. Bean will no longer offer unlimited returns … Totally agree with this article: curling is awesome … Proof that a raise isn’t going to make you any happier at work.

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Mike Gibb

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