Financing
4 Answers
RagingBull72 answered 4 years ago
I don't understand how financing works. Who do I make payments to?
A lender will loan you money for a loan, be it an auto, home or personal. You make monthly payments with interest till it is paid off. The payments are to the lender or bank. They will cut a check to the seller or dealer and you sign it over to them when you pick up the car.
RagingBull72 answered 4 years ago
Sorry I'm still confused. I know how loans work, but who is providing the loan. Is it 3rd party businesses on guru? Can I make financing arrangements without taking a loan from them. I wanted to just get a personal loan and use that for payments. Sorry I'm so confused and that's