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When considering car financing options, you should be thinking about much more than just the price of the car, the loan amount, and the interest rate and comparison rate. If you're not prepared,…...
The relationship between a car loan and credit score is pretty straightforward. Car financiers want to minimise risk as much as possible, so they would rather approve borrowers who have proved that t…...
A car loan pre-approval is when a lender decides you're eligible for a car loan even before you've purchased a car. When a lender decides you're in the clear to receive a loan, they gi…...
These are four things you shouldn't overlook when considering a car loan: A deposit to reduce your repayments. A deposit is a percentage of the purchase amount that you pay upfront. While taking…...
A balloon payment is a large payment made by the borrower at the end of a car loan, to finalise the loan. A balloon payment allows a borrower to get a loan with a low interest rate and a short term. …...
Take as much time as you can to compare car loans from different lenders. Not all car loans are made the same, and you'll have to work out which factors are most important to you. Whether you’re…...
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