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-   -   Sub prime auto lender collapse. (http://forums.pelicanparts.com/off-topic-discussions/1183910-sub-prime-auto-lender-collapse.html)

pwd72s 09-18-2025 04:06 PM

Sub prime auto lender collapse.
 
Will there be any serious ripple effects? Thoughts?

https://www.zerohedge.com/markets/subprime-crisis-20-red-flags-fly-alleged-fraud-triggers-billion-dollar-auto-lender

"...prices for the almost $2 billion of debt behind subprime auto-lender Tricolor Holdings suddenly collapsed yesterday, leaving creditors across the US scrambling to stake their claim on the company’s remaining assets and contain their losses..."

jyl 09-18-2025 05:08 PM

I’d guess not. The debt is probably spread widely enough.

As more subprime and then prime loans go bad, though, knock-on effects should grow.


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