Medallion Financial pivots as taxi business is threatened by Uber, Lyft - MarketWatch

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MarketWatch

Medallion Financial pivots as taxi business is threatened by Uber, Lyft MarketWatch As ride-hailing companies such as Uber and Lyft cut into the taxi business, the company has shifted toward higher-interest loans to consumers with less-than-stellar credit. “While taxi medallion lending continues to have virtually zero losses, the ... and more »

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