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$1B car loan implosion traps 100K drivers and erases 1,000 paychecks
The sudden collapse of Tricolor Holdings has turned a routine car payment into a source of fear for tens of thousands of ...
Editor's note: Daniel Kline has covered subprime lending and its impact on the economy since the 2008 housing industry crisis. When the housing industry collapsed in 2008, much of the blame fell on ...
Tricolor Auto Holdings, a Dallas-based chain of used-car dealerships and a major subprime auto lender, has filed for Chapter 7 bankruptcy and will liquidate its assets, ending operations that once ...
The seemingly sudden bankruptcy of subprime auto lender Tricolor Holdings has thrown the used-car financing world into chaos, with banks, investors, and regulators racing to untangle the complex ...
We're all just a little worried about the U.S. economy these days, aren't we? So naturally, the sudden collapse of a big used car dealer – Tricolor Holdings, which specialized in customers with ...
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