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Citizens to ‘back off’ auto loans as commercial business grows

Auto outstandings in Q1 increased 17% YoY

Amanda Harris

Citizens One Auto Finance plans to pull back on auto lending after the lender’s commercial business grew in the first quarter. “Our loan growth has picked up on the commercial side and we plan to throttle back our growth in mortgage and auto a little, which will maintain an attractive [loan-to-deposit ratio (LDR)],” Chief Executive […]

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