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.
In 2025, auto loan debt in the U.S. has ballooned to a staggering $1.6 trillion. Subprime lenders (those who offer high-interest loans to borrowers with poor credit) are now facing a wave of ...
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 ...
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