Buying a Car: Some Dealerships Inflate Borrowers' Income

Dec 31, 2019, 08:00 AM

A Wall Street Journal analysis has revealed that some car dealerships are dressing up car-loan applications with fake, inflated incomes in order to help a customer secure financing and complete a sale. Reporters Ben Eisen and AnnaMaria Andriotis explain.
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A Wall Street Journal analysis has revealed that some car dealerships are dressing up car-loan applications with fake, inflated incomes in order to help a customer secure financing and complete a sale. Reporters Ben Eisen and AnnaMaria Andriotis explain.

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