The majority of borrowers are unaware that auto dealers have the discretion to increase their interest rate for compensation, but it's far too common. According to a recent survey, 68 percent of all consumers did not know that car dealers could increase the interest rate. Of borrowers of color, 75 percent were unaware.
An unusual sight greets visitors to the 84th Geneva Motor Show: Rather than the infamous motor show girls draped over the cars, there are more and more men working at the stalls. Dressed in elegant suits, they greet visitors with a smile, lead them to the cars and explain the technical details of the current series.