The Stakes is a show about social change, hosted by Kai Wright. We live in extreme times—a climate on the verge of crisis, an economy built on inequality and a political system that feels like it’s falling apart. So, how’d we get to this point? And what happens next? From democracy to healthcare, from pop culture to the environment, our reporters are working to understand why we live the way we do—and why it matters. Because if we can better understand the society we‘ve got, maybe we can figure out how to create one that works for more people. The Stakes is produced by WNYC Studios, home of other great podcasts including Radiolab, Death, Sex & Money, On the Media, Nancy and Here’s the Thing with Alec Baldwin.
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The Stakes is a show about social change, hosted by Kai Wright. We live in extreme times—a climate on the verge of crisis, an economy built on inequality and a political system that feels like it’s falling apart. So, how’d we get to this point? And what happens next? From democracy to healthcare, from pop culture to the environment, our reporters are working to understand why we live the way we do—and why it matters. Because if we can better understand the society we‘ve got, maybe we can figure out how to create one that works for more people. The Stakes is produced by WNYC Studios, home of other great podcasts including Radiolab, Death, Sex & Money, On the Media, Nancy and Here’s the Thing with Alec Baldwin.
An ambitious young immigrant needs a car and ends up with a loan he can’t afford. His lender, Credit Acceptance, specializes in subprime car loans -- lending to people with poor credit at exorbitant interest rates. Reporter Anjali Kamat tells the story of one man’s journey with his Credit Acceptance loan from a used car lot to a courtroom, and traces how, a decade after subprime mortgages brought down the economy, subprime car loans remain a favorite on Wall Street.
We hear from:
- Shanna Tallarico, Consumer Debt Attorney at New York Legal Assistance Group
- Michael Barr, Dean of Gerald R Ford School of Public Policy at University of Michigan and former Assistant Secretary for Financial Institutions at the Department of Treasury
This report was produced with support from the Corporation for Public Broadcasting as part of a collaboration between APM Reports, KCUR in Kansas City, KPCC in Southern California, WABE in Atlanta and WNYC.
The Stakes
The Stakes is a show about social change, hosted by Kai Wright. We live in extreme times—a climate on the verge of crisis, an economy built on inequality and a political system that feels like it’s falling apart. So, how’d we get to this point? And what happens next? From democracy to healthcare, from pop culture to the environment, our reporters are working to understand why we live the way we do—and why it matters. Because if we can better understand the society we‘ve got, maybe we can figure out how to create one that works for more people. The Stakes is produced by WNYC Studios, home of other great podcasts including Radiolab, Death, Sex & Money, On the Media, Nancy and Here’s the Thing with Alec Baldwin.
