Atlanticus Completes $71.2 Million Sale of Auto Finance Division

08:10 AM EDT, 09/17/2026 (MT Newswires) -- Atlanticus (ATLC) said Thursday it has completed the $71.2 million sale of its CAR Auto Finance operations to an unaffiliated third party. The total consisted of $56.2 million in cash and a $15.0 million seller note, the company said. Following the transaction, Atlanticus will no longer operate an auto finance business. Atlanticus said it expects to use the proceeds to reduce debt and invest in higher-growth products. Atlanticus shares were 5.7% higher in premarket trading.