Truist to make far fewer boat, RV and car-dealer loans

Truist to make far fewer boat, RV and car-dealer loans

Truist expects to make 40% fewer new loans for boats, RVs and cars bought through dealerships than last year, American Banker reported July 17, 2026. That counts only new loans, like new sales — not old ones owed. I see it as Truist stepping back on purpose, which could leave shoppers with fewer options and tougher terms at the dealer.

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