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How does financing from a bank or credit union differ from financing from a dealership?
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2 votes
2 votes
How does financing from a bank or credit union differ from financing from a dealership?

User Pfx
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1 Answer

18 votes
18 votes

Answer:

With dealer-arranged financing, the dealer collects information from you and forwards that information to one or more prospective auto lenders. Alternatively, with bank or other lender financing, you go directly to a bank, credit union, or other lender, and apply for a loan.

Step-by-step explanation:

User Kenton De Jong
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