Black car buyers face predatory lending at dealerships

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Real talk, Real people

Society & Culture


African Americans continue to face predatory lending practices when they apply for credit. And never is this more evident than when Blacks go to buy a car. My guest today is economist and lawyer Ian Ayres. He is the Deputy Dean and the Oscar M. Ruebhausen Professor at Yale Law School. He started his research back when President Barack Obama was then president of the Harvard Law Review and published an article about his findings. Let’s listen to what he has to say.