Unitrin To Exit Auto Finance Business, Suspend Auto Lending
Mar 24th, 2009 | Category: Insurance TodayUnitrin Inc. (UTR) said its Fireside Bank unit will suspend all new lending as part of the company’s plan to exit the automobile-finance business. The financial-services company said Fireside is solvent, and that its decision to exit the business was driven by a desire to use its investment in Fireside elsewhere. Unitrin had said it […]