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Clearwater finance firm buys auto lender

May 1, 2019 - Nicholas Financial Inc. (Nasdaq: NICK) acquired substantially all of the assets of ML Credit Group LLC, which does business as Metrolina Credit Company.  Metrolina provides automobile financing to consumers by direct loans and through purchases of retail installment sales contracts originated by automobile dealers in North Carolina and South Carolina. Nicholas, a specialized consumer finance company in Clearwater, didn't disclose a purchase price.  

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