1 result for tag: What is Direct Lending

Financing a Car: Direct Lending vs. Dealership Financing

According to the Federal Trade Commission, average prices for a car purchase are high. It's more than $31,000 for a new model and $17,000 for a used model. Since a majority of consumers can’t afford to pay cash, most buyers end up with an auto loan. This is to cover at least part of the purchase price. In this case, consumers ... More