INDIRECT LOAN
Any loan transferred from a dealer that involves a third party. A buyer of indirect loans, called holder, is entitled to take principal and interest payments in due course. For instance, an indirect loan is an automobile loan extended to a customer at a dealership which is then bought by the third party at a discount. The third party in this example never met the borrower but is given the privilege to get payments from the loan.
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Transaction
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| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | May | |
| 10:00 | Ifo Business Climate Index | Jul | |
| 10:00 | Ifo Current Assessment | Jul | |
| 10:00 | IFO - Expectations | Jul | |
| 10:00 | Private Sector Credit | Jun | |
| 10:00 | M3 Money Supply | Jun | |
| 12:00 | CBI retail sales volume balance | Jul | |
| 14:30 | Durable Goods Orders | Jun | |
| 01:01 | BRC Shop Price Index | Jul |


