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5 Tips for Indirect Auto Lending Success

on Thu, Jan 23,2020 @ 10:45 AM | By Yelena Kolesnik | indirect lending how does indirect lending work?
Indirect auto lending is not only a convenient way for financial institutions to increase loan volumes, but it’s also a convenient way for members and customers to obtain financing directly from a dealership. However, there are risks associated with indirect lending programs and items that the financial institution must be aware of before jumping in. The financial institution should outline expectations and have consistent communication with participating dealers to ensure the program is being administrated in accordance with the guidelines set in place at the beginning of risk management.
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