Subprime Auto Loans And Small Business Lending

Every day a local car dealer screams through the radio, “A 500 credit score and a job is all it takes to get into a new car.” Don’t get me wrong, I’m all in favor of giving everyone a second chance, I just wonder if this approach is a good, long-term play. It looks like I’m not alone and has me wondering if we really learned anything from the mortgage loan debacle?