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Buying a Car - H.I.R.E.'s Financial Series with BMO BankBMO is finding auto finance too risky as quantitative tightening continues. Car delinquencies are most likely climbing. Next up, housing. BMO Financial Group plans to close its indirect retail auto finance business in order to reroute resources, as borrowers dig deep to stay on. Bank of Montreal (BMO) is winding down its indirect retail auto finance business and shifting focus to other areas in a move that will.
