I would have 1000% agreed with you except I had a very different experience last year. I was out seeking loans for a car and shopping around for low interest. One of the lower ones was from a company branded LightStream but on the back end is really SunTrust/Truist. They had a great rate, no origination fees, and weirdly, asked specifically not to set the loan up so that the car was collateral. Maybe it was a credit rating thing (mine is quite good) and they would incur more costs setting it up that way.
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