Bank of America's relief includes auto support, pauses repos | Auto Finance News | Auto Finance News

Bank of America’s relief includes auto support, pauses repos

Photographer: Daniel Tepper/Bloomberg

Bank of America’s consumer relief program will cover auto loans, along with mortgage, home equity, credit cards and small business loans, Auto Finance News has learned. In fact, the big bank has paused auto repossessions, a spokesperson confirmed. Bank of America boasts a $51 billion auto portfolio, the company noted in its latest earnings call. […]

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