The word "subsidy" is unclear to me... I'd understand it far better if you just said "We charge you an 11% fee for all finance arranged through us".
Kinda odd to have fees that big though... I thought the norm in the industry is to pay money the other direction, with the understanding that a good portion of customers will fall behind on finance payments and then have to pay sky high fees and interest rates for decades to come...
Kinda odd to have fees that big though... I thought the norm in the industry is to pay money the other direction, with the understanding that a good portion of customers will fall behind on finance payments and then have to pay sky high fees and interest rates for decades to come...