For years, Tricolor Holdings marketed itself as a solution for car buyers shut out of traditional auto loans. The company ...
The sudden failure of a $1 billion subprime auto lender has left roughly 100,000 car owners in limbo and erased about 1,000 ...
Daniel Kline has covered subprime lending and its impact on the economy since the 2008 housing industry crisis. When the ...
For consumers, the Tricolor case is a reminder that subprime auto loans can carry risks far beyond a monthly payment. High ...
The sudden collapse of a roughly $1 billion subprime auto lender has stranded about 100,000 borrowers in a legal and ...
For consumers, the Tricolor case is a reminder that subprime auto loans can carry risks far beyond a monthly payment. High ...
Westlake Financial ("Westlake"), the largest privately held auto finance company, today announced the successful sale of ...
Westlake on Tuesday announced the successful sale to HFC Acceptance that included what the companies dubbed a “first-of-its-kind structure” for both organizations and was completed at a 112% principal ...
It’s a question any business must answer, but it’s especially important in auto finance. How do you balance growth and risk?
Arrears are particularly steep in originations from 2022, which may have triggered some tightening of underwriting standards, ...
Over the past decade, lenders like Tricolor grew quickly due to investor appetite for high-yield debt and a narrative of ...
Dealertrack auto credit index hits 99.6 in December, the highest of 2025, as approval rates rise and financing becomes more ...