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  2. What Is An Auto Loan and How Does It Work?

    www.aol.com/finance/auto-loan-does-205440765.html

    An auto loan is a sum of money that you borrow from a lender to buy a car. You’ll pay fixed monthly payments for the duration of the loan. It will include interest and fees. Your credit score ...

  3. How to get a car loan with bad credit - AOL

    www.aol.com/finance/car-loan-bad-credit...

    9. Bring a friend to the lender. Ask a friend or a relative to go with you to the lender’s office, says Massachusetts-based consumer attorney Yvonne Rosmarin. Bringing someone you trust to the ...

  4. Asset-backed security - Wikipedia

    en.wikipedia.org/wiki/Asset-backed_security

    Sustainable finance. v. t. e. An asset-backed security ( ABS) is a security whose income payments, and hence value, are derived from and collateralized (or "backed") by a specified pool of underlying assets . The pool of assets is typically a group of small and illiquid assets which are unable to be sold individually.

  5. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    The most common method of buying a car in the United States is borrowing the money and then paying it off in installments. Over 85% of new cars and half of used cars are financed (as opposed to being paid for in a lump sum with cash). [2] Roughly 30% of new vehicles during the same time period were leased. [2]

  6. Securitization - Wikipedia

    en.wikipedia.org/wiki/Securitization

    Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt ...

  7. 3 reasons to use a personal loan to buy a used car - AOL

    www.aol.com/finance/3-reasons-personal-loan-buy...

    You can finance a used car with auto financing, but sometimes a personal loan makes more sense. ... financing. Auto loans vs. personal loans. While an auto loan may be the most common way to ...

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