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

1 Answer

4 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:

answered
User Aman Chourasiya
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