Why More Subprime Borrowers Are Defaulting on Their Loans

May 19, 2022, 09:30 AM

After making their monthly payments through the first year and a half of the pandemic, more subprime borrowers are missing monthly payments on various types of loans. WSJ reporter AnnaMaria Andriotis joins host J.R. Whalen to explain why, and what it could mean for people’s ability to take out loans in the future.

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After making their monthly payments through the first year and a half of the pandemic, more subprime borrowers are missing monthly payments on various types of loans. WSJ reporter AnnaMaria Andriotis joins host J.R. Whalen to explain why, and what it could mean for people’s ability to take out loans in the future.


Learn more about your ad choices. Visit megaphone.fm/adchoices