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America’s Car-Mart’s lenders will provide relief on its $892.2 million in debt through September. The buy here, pay here retailer, alongside investment firm Silver Point Finance and the retailer’s other lenders, closed a deal extending its deadline and allowing America’s Car-Mart to review strategic alternatives, according to a June 19 release. If certain conditions are […]
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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...
Auto lenders are looking to strengthen relationships to bolster dealer profitability amid uncertainty, margin compression and shifting consumer behavior. Auto...
David Thompson
David Thompson
David Thompson
