Despite furloughing staff, Nicholas Financial continues to accept loan applications | Auto Finance News | Auto Finance News

Despite furloughing staff, Nicholas Financial continues to accept loan applications

© Can Stock Photo / karenr

Despite furloughing 15% of its employees last week, Nicholas Financial is still accepting new loan applications, several dealers confirmed to Auto Finance News, validating the subprime lender’s solvency amid the COVID-19 crisis. In fact, one Ohio-based auto dealer told AFN he hasn’t seen any lender halt its intake of new loan applications. Most auto financiers’ […]

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