Nicholas Financial acquires $19M of Platinum Auto Finance's active portfolio | Auto Finance News | Auto Finance News

Nicholas Financial acquires $19M of Platinum Auto Finance’s active portfolio

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Subprime lender Nicholas Financial is acquiring $19 million of Clearwater, Fla.-based Platinum Auto Finance’s active indirect auto portfolio, the companies announced last night. “All 2,176 accounts were onboarded last night and are now on our servicing platform and balance sheet,” Nicholas Financial Chief Executive Doug Marohn told Auto Finance News. This acquisition is Nicholas Financial’s […]

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