Lenders say they thought medallion prices would keep going up, but I don’t see how that is possible. At the end of the day, a medallion is a license to charge a

Lenders say they thought medallion prices would keep going up, but I don’t see how that is possible. At the end of the day, a medallion is a license to charge a set rate per mile (or minute) in one car. There’s a limit to how much you can make from a medallion. Any lender who isn’t a moron knows that price can’t keep going up.