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-2.74130321554618E-05 -0.00101428218975302 -0.00156254283286272 -0.00243975986183828 0.00337180295512492 0.00452315030565525 0.00995093067244167 0.00995093067244167
Stock impact report

Financing a car? Here's how dealer, bank and online loans stack up [CNBC]

Capital One Financial Corporation (COF) 
Last capital one financial corporation earnings: 4/23 04:05 pm Check Earnings Report
Company Research Source: CNBC
If this is your first time getting a car loan , you probably have a million questions: “Should I get a loan from the dealer?” “Are online lenders legit?” — and everything in between. There are actually three main ways to get a car loan: dealer financing, banks and credit unions (aka traditional lenders) and online lenders. Here's a breakdown of each and how to use them. Paying too much for car insurance? Check out these options to save. Dealer financing Dealer financing is where the car dealer helps you get a loan from a lender and then sells your contract to them. So, instead of walking into a bank and applying for a car loan, you can walk away with a loan from the dealership you visit. You don't make payments to the dealer directly; the dealer sells your contract to a lender who will service your loan (this is who you'll be making payments to). So, the dealer is kind of like a middleman. Approval is usually fast and you may have more flexibility here if you have a lower Show less Read more
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