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The public may remain in the dark for some time on exactly what led to the closure of subprime lender Tricolor Auto Acceptance. Tricolor Holdings, a subprime auto lender and buy here, pay here retailer, filed for bankruptcy Sept. 10, days after reports surfaced that it had closed dealerships and furloughed employees. Since the filing, […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
