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BMO - Loan vs. Line of Credit: What�s the Difference?Bank of Montreal will no longer originate indirect auto loans, the bank announced Saturday. The. BMO will continue to offer auto loans to customers in Canada and the U.S. through a �wide range of personal banking options,� said Mr. Roman. The BMO Express Loan Pay service include automobile, boat, RV, personal loans, personal lines of credit, and business-purpose loans and lines of credit.
