Mark Hauser, co-managing partner at Hauser Private Equity, describes the ins and outs of consumer loans, and gives valuable insight to consider. Making an important milestone purchase, such as a new vehicle or a home, has often been a significant challenge. Many consumers simply don’t have the discretionary funds to pay cash for these high-ticket items. Historically, they have asked their local bank or credit union for a loan. Although these financial institutions remain viable choices, several other lender types have entered the marketplace. New classes of consumer loans have also become available. Private equity expert Mark Hauser explains how
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