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The Company is a finance company engaged in non-prime automobile finance, which includes the purchase, warehousing & servicing of automobile installment sales contracts originated by independent & franchised dealers of used automobiles.
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garlandkoch (< 20) Submitted: 8/14/07 1:01 PM : Start Price: $8.24 UPFC Score: -39.52
The core business continues to grow. Loans purchased, loans outstanding and Revenues continue to grow around 20% and look to continue this growth for the forseeable future.I think it will outperform short term as well as long term. Very small percntage of borrowers are homeowners so they will be unaffected by the sub prime real estate problems.
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