Multiple companies either led by or with leadership from 2 Portland Trail Blazers’ assumed new majority own Tom Dundon have been accused of predatory lending practices, according to a piece from ProPublica and Oregon Public Broadcasting.

The article details how Santander Consumer USA (co-founded by Dundon) and Exeter Finance (with which Dundon served in a leadership role and is listed in the portfolio of Dundon Capital Partners) both charged borrowers with lower-than-average credit high interest rates for loans, and both companies were both either under investigation or in litigation for the practices:

Dundon created a company Oregon accused in 2020 of preying on residents through high-interest car loans they couldn’t afford. The state’s then-attorney general said that the business pract

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