Direct lenders are financial institutions or individuals that provide loans directly to borrowers, without using a marketplace platform. This can include traditional banks, credit unions, and online lenders. Continue Reading Below
Direct lenders are financial institutions or individuals that provide loans directly to borrowers, without using a marketplace platform. This can include traditional banks, credit unions, and online lenders. Direct lending allows borrowers to negotiate the terms of their loan directly with the lender, and can sometimes offer more personalized service and lower interest rates.