auto lender
Vehicle loan provider
An auto lender is a financial institution or company that provides loans specifically for purchasing vehicles.
Banks, credit unions, and specialized finance companies all serve as auto lenders.
Dealerships often work with multiple auto lenders to offer financing options: The auto lender approved her for a five-year loan at 6.9 percent.
- financingProviding capital for purchases
- sticker priceManufacturer's suggested retail amount
- dealershipLicensed retail seller
- used car lotResale vehicle marketplace
- creditRecognition or payment deferral
credit check · bad credit · APR · monthly payment · payment plan · interest rate · fine print · approval · application · bank · credit union · down payment · lease · subprime · preapproval · refinance · debt · collateral
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