America’s Car-Mart Considers Sale as Inflation Hits Subprime Borrowers

T2Covered by 1 source · first reported by PYMNTS at 20 Oct, 22:38 UTC

Used car dealer and subprime lender America’s Car-Mart and its lenders are in talks for a sale that would allow the company to continue running, Bloomberg reported Tuesday (Oct. 20), citing unnamed sources. The discussions center on a deal that would happen through a Chapter 11 process or a…