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And don't miss Lisa Abramowicz on sloppy auto lending: "At first blush, this is eerily reminiscent of some of the practices leading to the 2008 crisis, when lenders had notoriously lax underwriting standards. In the years before the worst financial fissure since the Great Depression, lenders let consumers pack on more mortgage debt than they could reasonably expect to pay back. That ended very badly."
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