Tag: loan default

Skyline Capital Alleges $100K Loan Default by S&A Motorsports

Skyline Capital reports a $100,000 loan default by S&A Motorsports, signaling implications for credit risk management and commercial lending practices.

US Car Repossessions Surge to Near 2008 Levels Amid Rising Auto Costs

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.