Auto loan crisis

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This major US auto lender went bust as record number of Americans lag on debt payments. How to protect yourself now
Yahoo Finance· 2025-09-15 02:13
Americans are struggling to pay their bills, and the collapse of a major auto lender shows just how dire things are getting. Tricolor Holdings, a Dallas-based used-car dealer that made loans to people with poor credit, filed for bankruptcy on Wednesday. The company operated 65 dealerships across six states and specialized in selling cars to Spanish-speaking buyers who couldn't get loans anywhere else. Must Read The company's failure comes at a time when millions of Americans can't keep up with their car ...