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What Is the Interest Rate Range for Subprime Auto Loans

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What is the interest rate range for subprime auto loans?


Definitions:

Horizontal

Describes a peer relationship in business or management settings, implicating equivalence rather than hierarchy.

Vertical

Describes the integration or arrangement within a supply chain where a company controls multiple stages of production or distribution, from raw materials to final product delivery.

Antitrust Law

Antitrust law comprises regulations established to promote fair competition and prevent monopolistic business practices.

Joint Venture

A business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance.

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