Ford Credit folds subprime unit

Henry, Jim
March 2002
Automotive News;3/11/2002, Vol. 76 Issue 5974, p4
Trade Publication
Reports the eradication of the Fairline Credit LLC, a subprime subsidiary of Ford Motor Credit Co. in Colorado Springs, Colorado. Adoption of risk-based pricing models; Increase of credit losses in used cars and subprime segment; Decline of contract volume.


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