The sudden collapse of Tricolor Holdings has turned a routine car payment into a source of fear for tens of thousands of ...
Chapter 7 auto lender collapse leaves borrowers with limited credit facing tighter financing and fewer options for auto loans nationwide.
HOUSTON — A Texas-based auto dealer and lender that once billed itself as a financial lifeline for underserved buyers is now bankrupt, leaving thousands of customers with unanswered questions.
This bankruptcy timing rule could determine whether you keep recent payments or lose them to creditors. Here's why.
For consumers, the Tricolor case is a reminder that subprime auto loans can carry risks far beyond a monthly payment. High interest rates mean balances decline slowly, leaving borrowers vulnerable if ...
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 ...