Fort Worth startup creates app for paying auto loans with your smartphone
Fort Worth has long been a hub for subprime lenders that cater to consumers with poor credit scores, from big companies like Cash America (now FirstCash) to smaller players like Elevate Credit. This week, a new startup launched called Payix, the latest in a string of companies started by former employees of AmeriCredit, the big subprime auto lender that was acquired by General Motors and now operates as GM Financial.