Special Report: How the Fed fueled an explosion in subprime auto loansCredit: Reuters/Marvin Gentry 1 of 2. Jeffrey Nelson poses with his truck in rural Walker County in Alabama March 28, 2013. Money was tight last year for the school-bus driver and neighborhood constable in Jasper, Alabama, a beaten-down town of 14,000 people. One car had already been repossessed.