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ProPublica
@ProPublica@newsie.social  ·  activity timestamp 3 days ago

Before Tom Dundon Agreed to Buy the Portland Trail Blazers, Oregon Accused the Company He Created of Predatory Lending
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In 2020, the state sued Santander Consumer USA for allegedly preying on Oregonians through high-interest car loans they couldn’t afford in a case involving more than 265,000 borrowers nationwide.
https://www.propublica.org/article/tom-dundon-portland-trail-blazers-subprime-loans?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post

#News #Portland #Oregon #NBA #PersonalFinance

ProPublica

Portland Trail Blazers Buyer Tom Dundon Built His Fortune on Subprime Loans

In 2020, the state sued Santander Consumer USA for allegedly preying on Oregonians through high-interest car loans they couldn’t afford in a case involving more than 265,000 borrowers nationwide.
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