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  2. Credit card - Wikipedia

    en.wikipedia.org/wiki/Credit_card

    Portal. v. t. e. A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services or withdraw cash on credit. Using the card thus accrues debt that has to be repaid later. [1] Credit cards are one of the most widely used forms of payment across the world.

  3. Asset-backed security - Wikipedia

    en.wikipedia.org/wiki/Asset-backed_security

    The pools of underlying assets can vary from common payments on credit cards, auto loans, and mortgage loans, to esoteric cash flows from aircraft leases, royalty payments, or movie revenues. Often a separate institution, called a special-purpose vehicle, is created to handle the securitization of asset-backed securities. The special-purpose ...

  4. Loan - Wikipedia

    en.wikipedia.org/wiki/Loan

    In finance, a loan is the transfer of money by one party to another with an agreement to pay it back. The recipient, or borrower, incurs a debt and is usually required to pay interest for the use of the money. The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money ...

  5. Buying a car with cash? Here's how to determine when it's the ...

    www.aol.com/finance/buying-car-cash-heres...

    It would cost you about $2,500 in finance charges over the course of the loan. However, if you put that $40,000 in a high-interest savings account, with a 4% APR, you would gain roughly $10,600 ...

  6. 0% APR car deals: Are they worth it? - AOL

    www.aol.com/finance/0-apr-car-deals-worth...

    4%. 0%. $460. $520. As you can see, on a $25,000 car loan through the manufacturer for four years, your monthly payment would be about $520. A $25,000 car loan financed over five years at a 4 ...

  7. Is a Car Loan from a Bank Right for You? - AOL

    www.aol.com/car-loan-bank-180800720.html

    Exploring the question, is a car loan from a bank a good idea, can help you determine whether to pursue this financing option or look elsewhere for a loan. Exploring the question, is a car loan ...

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