The Online Banking Association is developing an Internet lending service to connect its 45 member banks with automobile dealers nationwide.

Through the Active Lending Web site, banks will be able to list their financing rates and terms for a fee. Dealers can view those offerings to determine the best loan packages for customers.

Information on the Active Lending site is available only to participating lending institutions and dealers. At any time, participants can update their posted information.

The association is determining which companies will participate in a beta test that will precede the scheduled fourth-quarter rollout.

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