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There’s A New Subprime Crisis, But It’s Not What You Think

Authored by Robert Colvile via CapX.co, The struggles of Provident Financial have fuelled concerns about a new sub-prime crisis Buyers of Provident's car loans are up to their eyeballs in debt Regulation has discouraged big banks from offering affordable credit to the poor A decade on from the financial crisis, the reports today about the […]