Intermediary means intervening, establishing a link between two parties. Thus, credit intermediation is the act of seeking to reach an understanding between the consumer and financial institutions.
What is the advantage of using a credit intermediary when you can make your request directly to the bank? At first glance, it may seem that it would be quicker and simpler to go directly to the bank, but the truth is that having an intermediary can save you time, money and worries.
A credit middleman can help you speed up the loan application procedure if you need one. This article will help you learn how to spot a scam. Click here to read more!