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Major Auto Lender Just Ended Vehicle Loans (BMO Bank)Get access to direct deposit forms, automatic bill payment forms, and loan management from BMO. Learn more. BMO plans to close its retail auto finance business in order to reroute resources, as borrowers dig deep amid interest rate hikes. Read on. Borrow up to $15, Auto Loans. No matter why you need wheels or what type you choose, get competitive rates and flexible repayment options. The details.