Subprime Lending news and trends

American Car Center Shutters as Auto Loan Delinquencies Rise
Retail // February 26, 2023

Subprime lender American Car Center has reportedly closed amid a rise in auto loan delinquencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Square And India Commerce Sizzle While The Krona And US Debt Fizzle
Sizzle/Fizzle // August 31, 2018

Sizzle Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS...

US Consumer Debt — Ten Years Later
Debt // August 18, 2017

The economic world before the Great Recession and the world ten years hence are similar-looking — but in many ways fundamentally different — places.  And if one is looking for places where that shift can be seen most acutely, it’s the consumer’s relationship to credit...

Elevate Gearing Up For $100M IPO In The US
Investments // March 31, 2017

Elevate, the subprime lender based in the U.S., is considering launching an initial public offering (IPO) again thanks to the rally in financial stocks since President Donald Trump won the election. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Interviews & Exclusives
US Consumer Debt — Ten Years Later

August 18, 2017
The economic world before the Great Recession and the world ten years hence are similar-looking — but in many ways fundamentally different — places.  And if one is looking for places where that shift can be seen most acutely, it’s the consumer’s relationship to credit and household debt. Get the Full Story Complete the form […]

Quick Reads
Subprime Auto Lender Tricolor Files to Liquidate in Bankruptcy

September 10, 2025
Subprime auto lender Tricolor Holdings reportedly filed to liquidate in bankruptcy Wednesday (Sept. 10), the same day it was reported that banks were set to suffer hundreds of millions of dollars in combined losses from loans tied to the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free […]

American Car Center Shutters as Auto Loan Delinquencies Rise

February 26, 2023
Subprime lender American Car Center has reportedly closed amid a rise in auto loan delinquencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Elevate Gearing Up For $100M IPO In The US

March 31, 2017
Elevate, the subprime lender based in the U.S., is considering launching an initial public offering (IPO) again thanks to the rally in financial stocks since President Donald Trump won the...