Tricolor (company)

Tricolor is an American sub-prime auto lender and used car retailer that collapsed amid fraud allegations in September 2025.[1]

Tricolor was founded in Dallas, Texas in 2007, and Daniel Chu is co-founder, majority owner and CEO.[2]

In September 2025, Tricolor filed for Chapter 7 bankruptcy.[3]

In October 2025, JP Morgan revealed that it had taken a $170 million loss due to Tricolor.[1]

References

  1. ^ a b Makortoff, Kalyeena (October 18, 2025). "What is private credit, and should we be worried by the collapse of US firms?". The Guardian. ISSN 0261-3077. Retrieved October 21, 2025.
  2. ^ Adelman, Jacob. "U.S. Banks Missed Warning Signs on Tricolor. Now, Their Losses Are Adding Up". barrons. Retrieved October 21, 2025.
  3. ^ "Dallas-Based Tricolor Auto Files For Chapter 7 Bankruptcy". www.carpro.com. Retrieved October 21, 2025.
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