Truist to exit near-prime auto lending business
Truist Financial (TFC) on Tuesday disclosed it is exiting its near-prime auto lending business, having entered into an agreement to sell $5.5B of auto loans tied to Regional Acceptance Corporation.
Truist Financial (TFC) on Tuesday disclosed it is exiting its near-prime auto lending business, having entered into an agreement to sell $5.5B of auto loans tied to Regional Acceptance Corporation.
This story was originally published by Seeking Alpha. Use the link below to read the full article at the source.
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