Oct 22, 2025 · The percentage of subprime borrowers – those with credit scores below 670 – who are at least 60 days late on their car loans has doubled since 2021 to 6.43%, according to Fitch Ratings.

Sep 12, 2025 · Tricolor, a major subprime auto lender specializing in buyers without social security numbers or credit histories, is going out of business. The company filed for bankruptcy on Wednesday.

Mar 16, 2025 · The Consumer Financial Protection Bureau, the banking watchdog created after the subprime mortgage meltdown and the 2008 global financial crisis, has been thrown into chaos as the …

Dec 17, 2025 · Federal prosecutors have charged top executives at the subprime auto lender Tricolor with conspiring to defraud lenders and investors of the now-bankrupt company.

May 30, 2024 · And for some, it’s bringing back bad memories of the subprime mortgage meltdown that fueled the 2008 financial crisis.

Sep 15, 2018 · ¿Qué hemos aprendido de la “Crisis del Subprime” de 2008? Lecciones del fracaso de la “ingeniería financiera” que llevó a la mayor catástrofe económica desde la Gran Depresión de 1929.

Jun 3, 2024 · That scenario is “exactly what happened during the subprime crisis,” said Patricia McCoy, a professor at Boston College Law School. “It happened before and it could happen again.”

Apr 2, 2024 · “It was an easy transaction. It was put together very quickly.” Based in California, Knight Specialty Insurance is known for providing subprime auto loans to car buyers with weaker credit scores.

Jan 6, 2025 · Clayton was the subject of reports in The Seattle Times in 2015 alleging it drove Black, Hispanic and Native American borrowers into subprime loans they could not afford.

Apr 18, 2025 · Compared to other major credit card issuers, Capital One has historically catered to customers with credit scores in the 600s range, which is considered subprime.