People have stopped paying their car loans, and it's a risk to a $200 billion market

The New York Federal Reserve is flagging some concern over a $200 billion auto loan market. In a post out Tuesday, researchers led by Andrew Haughwout highlighted the nearly doubling of the rate of delinquencies in subprime auto loans originated by auto finance companies since 2011. "Since 201...

People have stopped paying their car loans, and it's a risk to a $200 billion market