{"id":5190,"date":"2015-03-03T15:30:53","date_gmt":"2015-03-03T15:30:53","guid":{"rendered":"http:\/\/rm-blog.degreesfinder.com\/?p=5190"},"modified":"2018-10-10T20:29:23","modified_gmt":"2018-10-10T20:29:23","slug":"wells-fargo-caps-subprime-auto-loans","status":"publish","type":"post","link":"https:\/\/maddoginsurance.com\/auto\/wells-fargo-caps-subprime-auto-loans\/","title":{"rendered":"Wells Fargo Caps Subprime Auto Loans"},"content":{"rendered":"<p style=\"text-align: center\"><a class=\"lightbox\" href=\"http:\/\/54.67.117.147\/wp-content\/uploads\/2015\/03\/Screen-Shot-2015-03-03-at-10.25.36-AM.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-5191\" src=\"http:\/\/54.67.117.147\/wp-content\/uploads\/2015\/03\/Screen-Shot-2015-03-03-at-10.25.36-AM-300x212.png\" alt=\"Screen Shot 2015-03-03 at 10.25.36 AM\" width=\"300\" height=\"212\" \/><\/a><\/p>\n<p>Wells Fargo announced on Monday that it has put a cap on the amount of money it will loan to subprime borrowers.<\/p>\n<p>As reported by CNBC, according to execs, the San Francisco-based banking giant &#8220;is limiting the dollar volume of its subprime auto originations to 10 percent of its overall auto loan originations.&#8221;<\/p>\n<p>Last year, that number was $29.9 billion. The new ruling will affect borrowers with credit scores of 640 or lower.<\/p>\n<p>Image via flickr\/Mike Mozart<\/p>\n<p><a href=\"http:\/\/www.cnbc.com\/id\/102467693\" target=\"_blank\">Continue to original source.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wells Fargo announced on Monday that it has put a cap on the amount of money it will loan to subprime borrowers. As reported by CNBC, according to execs, the San Francisco-based banking giant &#8220;is limiting the dollar volume of&#8230;<\/p>\n","protected":false},"author":2,"featured_media":7859,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/maddoginsurance.com\/wp-json\/wp\/v2\/posts\/5190"}],"collection":[{"href":"https:\/\/maddoginsurance.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maddoginsurance.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maddoginsurance.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/maddoginsurance.com\/wp-json\/wp\/v2\/comments?post=5190"}],"version-history":[{"count":0,"href":"https:\/\/maddoginsurance.com\/wp-json\/wp\/v2\/posts\/5190\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/maddoginsurance.com\/wp-json\/wp\/v2\/media\/7859"}],"wp:attachment":[{"href":"https:\/\/maddoginsurance.com\/wp-json\/wp\/v2\/media?parent=5190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maddoginsurance.com\/wp-json\/wp\/v2\/categories?post=5190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maddoginsurance.com\/wp-json\/wp\/v2\/tags?post=5190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}