| tkuntz - 10/18/2018 12:33 PM
So you're saying they do collude for their mutual benefit. Got ya, should be illegal.
No, not at all. If the bank or credit union that did few boat loans did not work through dealers there would be far fewer loans made. How would that help the consumer? Not sure why this is hard to understand or why you would feel it is inappropriate.
My guess is a lot of consumers would be hacked if they could not get a loan from the dealer and had to run around checking with a variety of lenders. Many dealers can use multiple sources of funding. |
