Yvette Harris, who is still paying off a car loan for a 1997 Mitsubishi that was repossessed more than a decade ago, at home in New York, June 9, 2017. Some subprime lenders who are unable to recover the balance of auto loans by repossessing and reselling the vehicles are aggressively suing borrowers to collect what remains.
Yvette Harris, who is still paying off a car loan for a 1997 Mitsubishi that was repossessed more than a decade ago, at home in New York, June 9, 2017. Some subprime lenders who are unable to recover the balance of auto loans by repossessing and reselling the vehicles are aggressively suing borrowers to collect what remains. WILL GLASER NYT
Yvette Harris, who is still paying off a car loan for a 1997 Mitsubishi that was repossessed more than a decade ago, at home in New York, June 9, 2017. Some subprime lenders who are unable to recover the balance of auto loans by repossessing and reselling the vehicles are aggressively suing borrowers to collect what remains. WILL GLASER NYT

Their cars were repossessed – but lenders force them to keep making payments for years

June 19, 2017 9:58 AM

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