Record Missed Car Payments Fuel Angst Over Subprime Auto Lenders
The record number of Americans falling behind on car payments is stoking concerns that more pain is in store for subprime auto lenders, following the recent high-profile collapses of Tricolor...
By Scott Carpenter, Josyana Joshua · Bloomberg Markets
The record number of Americans falling behind on car payments is stoking concerns that more pain is in store for subprime auto lenders, following the recent high-profile collapses of Tricolor Holdings and PrimaLend Capital Partners.