What qualifies as a dealer for a used car loan from a loan company?

Tuesday, October 26th, 2010 at 03:41

Question by Samuel R: What qualifies as a dealer for a used car loan from a loan company?
I'm looking to buy a used car and I was looking for a loan on e-loan and noticed there was option for purchase from a dealer or private seller. IS a dealer anywhere that sells the car like from a lot or only from a car brand dealer?
Is it better to get a loan from a company like e-loan or finance from the dealership

Best answer:

Answer by lisamarie0227
A dealer cheap pills online is any individual that has a dealers license. It is better to go with the dealerships financing. E-loan does not always report to the credit, so a loan Thur them would not help your credit score. Dealerships use actual banks (as long as your not going to a buy here pay here)

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