Iossa, Elisabetta; Palumbo, Giuliana - In: Oxford Economic Papers 56 (2004) 2, pp. 331-343
Under 'linked credit' (also known as 'connected lending'), the buyer obtains a loan from a lender with the specific purpose of purchasing a certain product. Credit is arranged directly by the seller, who acts as an intermediary for the finance company. Within this form of financing, the lender...