Subprime lender, struggling with debts, gets reprieve from creditors

Subprime lender, struggling with debts, gets reprieve from creditors

  The consumer lender CURO Group said that its agreement with bondholders gives it a 30-day grace period, and that negotiations on a broader restructuring are continuing. The company has lost money in recent years as it shifts away from traditional payday lending to larger installment loans.