loanTERRA reposted this
LoanTerra is highlighted in the Wood Mackenzie US residential solar finance update for H2 2024. This quote sums up well the trend that LoanTerra is apart of. "Over the past few years of intense growth, questionable practices became more frequent, like aggressive sales tactics and loan products with high hidden fees. As the residential solar market looks toward recovery, an industry reset is occurring. With more laws and regulations emerging on fee disclosure and sales tactics, and companies shifting away from a short-term growth mindset, many are optimistic that the residential solar market will be healthier and more sustainable in the long term" "...focus less on volume and more on quality dealer partners and consumer protection. As high hidden dealer fees raise concerns, products with higher interest rates and low to no dealer fees are gaining popularity across the industry." https://lnkd.in/gzBVwr32
