Broker (Auto Loan Broker)

Borrowers can find the best car loans by comparing multiple lenders and their lending rates thanks to brokers, or more particularly, “auto loan brokers.”

If you don’t want to shop and compare loan possibilities on your own or use a marketplace, you can use a brokerage service. Using a broker to find an auto loan allows you to act as an agent, middleman, or intermediary; they typically take a commission once the loan is completed.

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