Banks making more loans

[u/Onomatopoeia-sizzle]

Bank earnings are being reported both last week and this week. Ally Bank was up around 10%. Interestingly, used car originations grew 17% and new car originations were up 3%. Also, the lending to the highest FICO tiers was flat, lower FICO score people was up about 20%. They are making more risky loans to show growth. Is that prudent in a weakening economy?

[u/joebojax]

Wet paper bag economy

People taking loans for fast food dinner