Friday, April 6, 2018

Smaller Subprime Auto Lenders Are Starting to Fold

Bloomberg Smaller Subprime Auto Lenders Are Starting to Fold Bloomberg Growing numbers of small subprime auto lenders are closing or shutting down after loan losses and slim margins spur banks and private equity owners to cut off funding. Summit Financial Corp., a Plantation, Florida-based subprime car finance company ... and more »...(read more)
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