Online Portal Drives Half of Bank of America's Direct Loan Volume in February | Auto Finance News | Auto Finance News

Online Portal Drives Half of Bank of America’s Direct Loan Volume in February

More than half of the direct auto loan applications Bank of America received in February were submitted via the bank’s online lending portal, Senior Vice President of Centralized and Online Sales John Schleck told Auto Finance News. “Last month, our direct-to-consumer platform was roughly 54% to 55% of applications sent digitally, either on a [smart]phone […]

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