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  2. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    Loan agreements are documented via their commitment letters, agreements that reflect the understandings reached between the involved parties, a promissory note, and a collateral agreement (such as a mortgage or a personal guarantee). Loan agreements offered by regulated banks are different from those that are offered by finance companies in ...

  3. UCC-1 financing statement - Wikipedia

    en.wikipedia.org/wiki/UCC-1_financing_statement

    A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).

  4. Personal contract purchase - Wikipedia

    en.wikipedia.org/wiki/Personal_contract_purchase

    Unlike a traditional hire purchase, where the customer repays the total debt in equal monthly instalments over the term of the agreement, a PCP is structured so that the customer pays a lower monthly amount over the contract period (usually somewhere between 24 and 48 months), leaving a final balloon payment to be made at the end of the ...

  5. Discover the Best Place to Get a Car Loan and Keep Monthly ...

    www.aol.com/discover-best-place-car-loan...

    Discover the best place to get a car loan by reviewing the pros and cons of lenders, like dealerships, banks, credit unions, and online companies.

  6. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    A lease is a contractual agreement between a person who owns the property (lessor) and a person who gets to use it during the term of the lease (lessee). Usually, car leases allow the lessee to drive the car for a certain number of miles for a certain number of years.

  7. Loan - Wikipedia

    en.wikipedia.org/wiki/Loan

    Similarly, a loan taken out to buy a car may be secured by the car. The duration of the loan is much shorter – often corresponding to the useful life of the car. There are two types of auto loans, direct and indirect. In a direct auto loan, a bank lends the money directly to a consumer. In an indirect auto loan, a car dealership (or a ...

  8. How to get out of a title loan: 5 legal title loan loopholes

    www.aol.com/finance/title-loan-5-legal-title...

    A car title loan is a secured small loan, usually for 25 to 50 percent of your vehicle’s value. These types of loans tend to be much more expensive than conventional personal loan options, even ...

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