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Car Loan Jargon: 4 Car Financing Terms You Need to Know

Is this your first time applying for a car loan? Don't fret. It is similar to other types of loans, except that youu2019re using it to purchase a car. You can set the amount of money you borrow, the payment method and frequency of repayment and the duration of your loan. Nonetheless, there are basic car financing terms you must learn to ensure a smooth loan application. Read through these slides for details.

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