Truist Exits $5.5 Billion Auto-Loan Business, Cutting 205 Jobs
Truist will sell $5.5 billion in near-prime auto loans and shut Regional Acceptance's Arlington, Texas facility, eliminating about 205 jobs by Feb. 28, 2027.
Topic
Auto Loans
Topic
Auto Loans
Credit Acceptance Settles with 41 States for $75.5 Million
Credit Acceptance will pay $75.5 million and forgive $634 million in customer balances under consent judgments with 41 attorneys…