New York City Wants To Make Car Loans More Transparent & Eliminate Dealer Markups

New York City Wants To Make Car Loans More Transparent & Eliminate Dealer Markups

New York City skyline (by Flickr user AngMoKio)Earlier today, we reported that the Department of Justice had launched an investigation of U.S. auto lending practices. Specifically, the DOJ is concerned that minority borrowers are being offered loans with higher interest rates than those presented to their white peers. Auto News reports that New York City is considering ways to rein in that…
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