![Wells Fargo Caps Subprime Auto Loans](https://signupforcoverage.com/wp-content/uploads/2015/08/Wells-Fargo-Caps-Subprime-Auto-Loans-thegem-blog-default.jpg)
Wells Fargo revealed to Reuters on Tuesday that it has begun creating more branches devoted to car loans and financing for auto dealers as a way to increase its auto lending business in a relatively low-risk environment.
According to the news source, Wells Fargo currently operates 56 branches for car and dealer financing, with the most recent one having just opened in Cherry Hill, N.J.