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Wells Fargo, worried about defaults, stops making loans to most independent car dealerships

The move follows Wells Fargo’s retrenchment from parts of the mortgage market as the coronavirus pandemic took hold in the U.S.

  1. Wells Fargo, worried about defaults, stops making loans to most independent car dealerships  CNBC
  2. Wells Fargo taps brakes on its auto loan business  CNBC Television
  3. Wells Fargo Is the Big Bank Most in Danger of Cutting Its Dividend, Analyst Says  Barron’s
  4. Is Wells Fargo a Buy While It’s Down?  Motley Fool
  5. Coronavirus: Wells Fargo will no longer accept loan applications from most independent car dealerships  USA TODAY