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Home » Flagship Credit Acceptance confirms layoffs 

Flagship Credit Acceptance confirms layoffs 

Subprime lender’s originations declined, credit performance worsened 

Amanda HarrisbyAmanda Harris
April 19, 2024
in Management
Reading Time: 3 mins read
0
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© Can Stock Photo / XXLPhoto

Flagship Credit Acceptance laid off an undisclosed number of people on April 18 citing challenging market conditions.   The Chadds Ford, Pa.-based subprime auto lender took steps to “align our costs to current market conditions,” according to a statement provided to Auto Finance News from a Flagship spokesperson.   The company did not confirm how many […]

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