Tricolor Holdings founder Daniel Chu faces fraud allegations linked to systemic financial mismanagement and bankruptcy, impacting subprime auto lending and insurance claims.

Car repossessions in the U.S. have increased sharply in 2024, nearing 2008 crisis levels due to high vehicle prices and inflation. Subprime borrowers face earlier repossession risks impacting credit scores.

U.S. auto loan credit availability rose slightly in September 2025, driven by higher subprime lending and longer loan terms. Market dynamics show lenders balancing risk amid increased negative equity and evolving economic factors.

Explore how California SB 766, the CARS Rule, introduces new auto finance compliance requirements including changes to cancellation and record retention, affecting legal and operational practices.

TransUnion reports an increase in consumers 60+ days behind on car payments to 1.4% in Q1, indicating rising auto loan delinquencies and potential insurance risk implications.