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is a great idea.a car loan is what many want to buy a car and such. Some need
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you needed a car and yours broke, buying a car would be a great thing to many
via a loan or credit. Maybe a loan off a pal. too. A loan is a type of debt. Like
all debt instruments, a loan entails the redistribution of financial assets over
time, between the lender and the borrower. In some instances, a loan taken out
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as a mortgage is secured by housing. The duration of the loan period is considerably
shorter — often corresponding to the useful life of the car. There are two
types of auto loans, direct and indirect. A direct auto loan is where a bank gives
the loan directly to a consumer. An indirect auto loan is where a car dealership
acts as an intermediary between the bank or financial institution and the consumer. |  |
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