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The Web Finance Direct Guide to Indirect Lending
Throughout the American economy, financing continues to play a major role. For many consumers, the ability to borrow money to pay for their purchases over time gives them the flexibility they need, especially when it comes to more expensive, big-ticket items like cars, RVs, and boats. Take the RV industry, for example. As of 2021,…
Read MoreWhere is the RV Market Headed? 5 Trends for Lenders to Keep an Eye on in 2023
The North American RV market is constantly evolving. Driven by changing consumer preferences, a shift towards remote work, and a renewed interest in domestic travel, the recreational vehicle industry presents banks and credit unions with a unique opportunity for lending. As of 2021, the RV market was valued at close to $34 billion—and this number…
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