Tag Page TricolorHoldings

100K Drivers Stuck in $1B Car Loan Meltdown

Imagine making your car payment, then finding out your lender just vanished. That’s what happened to 100,000 drivers after Tricolor Holdings went belly up, leaving their loans in limbo and 1,000 employees out of work overnight. The company’s collapse is exposing just how risky subprime auto loans can be—especially when fraud is involved. Now, borrowers are bracing for aggressive collectors and possible repos, all because the system behind their contracts crumbled. #Cars #CarLoanCrisis #TricolorHoldings