What is Lender type?

Lender type describes where the money comes from. A broker checks the market and forwards your application to a lender that fits, so the contract you sign may be with a third party. A direct lender lends from its own balance sheet and you deal with one company throughout. 1822direkt is listed as a broker for credit, while A-Bank, ABA Bank and ABB Bank are all direct lenders. Check the application before you sign, since the party you owe matters if a lender fails.