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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. Get the money you need to claim the vehicle you want. BMO vehicle loans work for new and used cars, along with boats, RVs, and motorcycles. About Bank of Montreal � Loan Terms � Rates � Loan terms less than 78 months � % - % � Loan terms of 84 months � % - % � Loan terms over 84 months.
