Building a $15B+ embedded loan management platform, with LoanPro CEO Rhett Roberts
The Fintech Blueprint
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What's the Dynamic of Auto Loans?
What happens is there's the face value of the note. The lender might say, ok, that looks great, but i'm not going to pay face value for it. If the lender really wants it, they'll pay above face value. So it operates very similar to a bond. And this is how almost every auto loan is happening.
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