Limited recourse lending was used to finance maritime voyages in ancient Greece and Rome. However, this relies on limited data on a buyer’s credit history. Then again, a mortgage pre-approval supplies the precise price a borrower can qualify for since the lender has access to the borrower’s personal information and credit history. Lender Requirements - Some lenders have additional necessities when buying a automobile from a person. The peer-to-peer system and distributed ledgers aren’t primaril...