Sun Trust Bank Auto Loans Summary and Portfolio
Sun Trust Bank makes $147,159,117,000 total loans annually of which $10,795,704,000 are auto loans, amounting to 7.3 % of the entire loan portfolio. The maximum credit exposure of Sun Trust Bank's car and auto financings are $5,924,560,000.
Below are some other banks and lending institutions that specialize in low-cost auto and car loans for your research.
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LightStream Auto Loans
Up to $100,000, starting at 3.49% APR
LightStream has over 350,000 customers to date. LightStream prides itself on loan transparency. You’ll always know what you pay. There are no hidden fees and no collateral needed for an unsecured loan.
Upstart Auto Loans
Up to $30,000, starting at 6.27% APR
Looking for a lower monthly car loan payment? By refinancing your car loan via Upstart, you could lower your monthly car payments, which will leave you with more money in your pocket every month. The whole process is easy and completely online.
All car loans feature an affordable fixed rate, which means your monthly payment will never increase. And there is no prepayment penalty so you have the flexibility to pay off your car loan at any time.
OneMain Financial Auto Loans
Up to $20,000, starting at 18.00% APR
A car loan through OneMain Financial can provide an easy way to get that special car when other lenders may be saying no to car loans. If you have good credit, you’re a perfect candidate for a personal loan through One Main Financial. Get low fixed rates without any of the hidden fees and red tape associated with other types of loans.
Volume of Auto Loan at Sun Trust Bank
Auto loans -consolidated basis
$10,795,704,000Auto loans -nonaccrual automobile loans to individuals
$3,423,000Auto loans -assets sold with recourse
$63,649,000Auto loans -maximum exposure due to letters of credit
$8,875,155,000Auto loans -credit enhancements
$7,924,560,000Bank securitization, principal balance on auto loans
$389,481,000Credit exposure in retained interest in auto loans
$5,924,560,000Credit exposure in subordinated securities in auto loans
$764,076,000Bank's unused commitments auto loans
$2,074,508,000Bank's unused commitments liquidity auto loans
$3,688,394,000Sun Trust Bank Auto Loan Chargeoffs, Recoveries
For Sun Trust Bank's securitized auto loans, the charge-offs amount to $2,002,000 and the recoveries amount to $771,000.
For general car loans, the charge-offs amount to $48,499,000 and the recoveries amount to $18,296,000. This results in a net charge-offs of automobile loans debited to the allowance for loan and lease losses of $30,203,000.
An additional figure for loan performance are automobile loans to individuals for household, family and other personal expenditures that are past due still and accruing interest.
Past Due 30 -89 days Past Due 90+ days
$88,670,000 $5,854,000
Sun Trust Bank New and Used Car Loan Officers
Johnny Wade
Loan Officer
(864) 580-8381
Christopher Gilmer
Home Mortgage Consultant
(706) 425-4246
Randi Krasnoff
MortgageSpecialists,
(404) 815-0291
Andrea Rowland
Branch Manager
(404) 667-1645
Michael Durden
Personal Loans
(888) 272-5202
Contact
(864) 580-8381
Contact
(706) 425-4246
Contact
(404) 815-0291