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Cab Industry On Verge Of Collapse? Capital One's Taxi NPL Rate Soars Above 50% 

By: capt_nemo in POPE IV | Recommend this post (1)
Wed, 25 Jan 17 5:37 AM | 39 view(s)
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According to the latest, just released quarterly Capital One financial report, the US taxicab industry may be on the verge of collapse as the NPL rate of the company's Taxi Medallion loans exploded from 38.8% to over 51% in just one quarter.

http://www.zerohedge.com/news/2017-01-24/cab-industry-verge-collapse-capital-ones-taxi-npl-rate-soars-above-50




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