The Autopian on MSN
Banks are now letting rich people use their insane car collections as collateral to get even richer
One of the many ways wealthy people retain and grow their wealth is through the art of secured loans. Also known as ...
A secured loan requires you to pledge collateral — something of value like a savings account or car. If you default, a lender can seize the collateral to satisfy the debt. Secured loans often have ...
2023 has been challenging for the banking sector as the economy moves past COVID-related issues and financial stimulus unwinds. Ally Financial has high exposure to the auto market, making it ...
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