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Home » Nicholas Financial direct originations skyrocket

Nicholas Financial direct originations skyrocket

Garret ReichbyGarret Reich
July 20, 2020
in Uncategorized
Reading Time: 2 mins read
0
Honor Finance’s Securitization at Risk for Downgrade, KBRA Warns

© Can Stock Photo / herminutomo

Subprime lender Nicholas Financial has ramped up its direct loan originations 150.3% year over year, according to the company’s earnings report for fiscal year 2020. Direct originations jumped to $12.6 million from $7.7 million in the prior year to follow through on previous direct loan growth trajectory goals. The lender’s focus has recently been on […]

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