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{{Use American English|date= October 2025}} |
{{Use American English|date= October 2025}} |
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”’Tricolor”’ is an American sub-prime auto lender and used car retailer that |
”’Tricolor”’ is an American sub-prime auto lender and used car retailer that in 2025.<ref>{{Cite news |last=Makortoff |first=Kalyeena |date=2025-10-18 |title=What is private credit, and should we be worried by the collapse of US firms? |url=https://www.theguardian.com/business/2025/oct/18/what-is-private-credit-us-first-brands-tricolor-banks |access-date=2025-10-21 |work=The Guardian |language=en-GB |issn=0261-3077}}</ref> |
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In October 2025, [[JP Morgan]] revealed that it had taken a $170 million loss due to Tricolor.<ref name =”Guardian”/> |
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==References== |
==References== |
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Latest revision as of 14:51, 21 October 2025
American sub-prime auto lender
Tricolor is an American sub-prime auto lender and used car retailer that collapsed amid fraud allegations in September 2025.[1]
In October 2025, JP Morgan revealed that it had taken a $170 million loss due to Tricolor.[1]
