business

Subprime Auto Lender Tricolor Files for Bankruptcy - Bloomberg.com

Tricolor Holdings, a used car seller and subprime lender that focuses on undocumented immigrants in the US Southwest, filed to liquidate in bankruptcy. US prosecutors are also looking into allegations of fraud by the company.

By:Scott Carpenter, Dorothy Ma, Yizhu Wang, Ava Benny-Morrison
Source:Bloomberg
Published:
Subprime Auto Lender Tricolor Files for Bankruptcy - Bloomberg.com
Tricolor Holdings, a used car seller and subprime lender that focuses on undocumented immigrants in the US Southwest, filed to liquidate in bankruptcy. US prosecutors are also looking into allegation… [+441 chars]

Related News