July 25, 2024
News

Bank of America and Huntington partner to simplify auto financing

Bank of America is investing in improving the refinance application procedure and broadening prequalification options to enhance customer satisfaction. The lender is exploring ways to automate a larger portion of the auto loan refinance process for customers, stated Fabien Thierry, head of consumer and small business vehicle lending product at the bank.

FAQ

1. What is Bank of America doing to enhance the refinance application process?
Bank of America is investing in streamlining the refinance application process and expanding prequalification options to improve customer experience.

2. Who is leading the efforts to automate the auto loan refinance process at Bank of America?
Fabien Thierry, the head of consumer and small business vehicle lending product at the bank, is spearheading the efforts to automate more of the auto loan refinance process for consumers.

Conclusion

Bank of America’s focus on streamlining the refinance application process and expanding prequalification options demonstrates its commitment to enhancing customer experience. By automating more of the auto loan refinance process, the bank aims to make the process smoother and more efficient for consumers.

Leave a Reply

Your email address will not be published. Required fields are marked *