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  2. Trump's $175M bond backer is a subprime car loan billionaire ...

    www.aol.com/news/put-trumps-175-million-bond...

    In 2017, for example, the Department of Justice filed a complaint in federal court in California against Westlake Financial, Hankey’s big subprime auto lender. With a network of 50,000 car ...

  3. Don Hankey - Wikipedia

    en.wikipedia.org/wiki/Don_Hankey

    Don Robert Hankey (born June 13, 1943) is an American billionaire [1] and founder of the Hankey Group, which makes most of its income from car loans and the insurance industry. He has been called the "king of the subprime car loan ".

  4. Who is Don Hankey, the L.A. billionaire who financed Donald ...

    www.aol.com/news/don-hankey-l-billionaire...

    L.A. billionaire Don Hankey made a fortune in subprime auto loans and hard-money lending before coming to the rescue of Donald Trump and financing his appeal bond in the former president's New ...

  5. Do You Know What a Second-Chance Auto Loan Is?

    www.aol.com/know-second-chance-auto-loan...

    A second-chance auto loan is a type of financing lenders offer buyers with poor credit. Also known as subprime auto loans, second-chance auto loans are often buyers' last effort at getting funding ...

  6. Subprime lending - Wikipedia

    en.wikipedia.org/wiki/Subprime_lending

    These loans are characterized by higher interest rates, poor quality collateral, and less favorable terms in order to compensate for higher credit risk. [3] During the early to mid-2000s, many subprime loans were packaged into mortgage-backed securities (MBS) and ultimately defaulted, contributing to the financial crisis of 2007–2008. [4]

  7. RoadLoans - Wikipedia

    en.wikipedia.org/wiki/RoadLoans

    RoadLoans is a direct-to-consumer auto lender operating online and specializing in subprime auto loans. Established in 2000, RoadLoans finances and services new and used car loans as well as offering auto refinance options. [1] The Dallas-based company is a provider of subprime auto loans in the United States. [2]

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