Greater LA
Subprime auto lending is booming in LA
Getting a car has never been easier. Even if you have bad credit and can’t really afford it, no problem. The business of financing cars for people with low credit scores or low incomes is booming.
By Steve Chiotakis • • 25m ListenGetting a car has never been easier. Even if you have bad credit and can’t really afford it, no problem. The business of financing cars for people with low credit scores or low incomes is booming.
In this episode
3 storiesThe opposite sides of subprime auto lending
Americans owe more for their cars than at any other point in U.S. history. The business of subprime auto lending -- providing vehicles to borrowers with poor credit, no credit or low incomes -- is booming.
Read the story12 minWhy did LA shut down its street cars?
LA wasn’t always all about cars and freeways. Years ago, there was a huge system of street cars (electric trolley lines), the Red and Yellow lines. The last ride of the Red Line took place in 1961.
Read the story7 minMOCA gets rid of admission fees
Starting this Saturday, the Museum of Contemporary Art (MOCA) will be permanently free. It’s part of an effort to make the museum (and the art inside) more accessible, which will likely increase attendance.
Read the story6 min
