40% APR and $350, 000 monthly curtailment fees charged by DSC doom small company. Carbiz Inc. and its subsidiaries have turned over all of their assets to the Company's two senior secured lenders, Dealer Services Corporation and Wells Fargo Preferred Capital, Inc., and have ceased operations. Resignations of all officers and directors were effective February 12, 2010. On January 18, 2010, Carbiz Inc. received a letter from Dealer Services Corporation "DSC", one of its two senior lenders, informing it that DSC wa... read full review »