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Subprime auto lenders are tightening credit standards as delinquencies rise, in part from delayed calls to repossess vehicles or slower decisions to charge off loans. Irving, Texas-based subprime auto lender SameDay Auto Finance has tightened credit standards to focus on higher incomes as delinquencies rise, Chief Executive Russell Warden told Auto Finance News. He declined […]
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David Thompson
David Thompson
David Thompson
