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  2. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Legally, an indirect “loan” is not technically a loan; when a car buyer obtains financing facilitated by a dealership, the buyer and dealer sign a Retail Installment Sales Contract rather than a loan agreement. The dealer then typically sells or assigns that contract to a bank, credit union, or other financial institution.

  3. How to build credit without a credit card - AOL

    www.aol.com/finance/build-credit-without-credit...

    Here’s a look at the top seven ways to build credit without a credit card. ... and installment credit includes accounts like car loans and personal loans. Having a mix of revolving and ...

  4. How to compare installment loan lenders and find the best offer

    www.aol.com/finance/compare-installment-loan...

    Find the best installment loan for your situation in 5 steps. ... These loans are backed by collateral, like a house or car, reducing the risk for the lender or company. Beware: If you fail to ...

  5. Common types of installment loans and their best uses - AOL

    www.aol.com/finance/common-types-installment...

    This makes installment loans a good option for large expenses like paying for school, buying a car or even purchasing a house. 5 most common types of installment loans

  6. Installment loan - Wikipedia

    en.wikipedia.org/wiki/Installment_loan

    An installment loan is a type of agreement or contract involving a loan that is repaid over time with a set number of scheduled payments; [1] normally at least two payments are made towards the loan. The term of loan may be as little as a few months and as long as 30 years. A mortgage loan, for example, is a type of installment loan.

  7. Car dealerships in the United States - Wikipedia

    en.wikipedia.org/wiki/Car_dealerships_in_the...

    For example, a bank may give a wholesale money rate of 6.75% and the dealer may give the consumer an interest rate of 7.75%. The bank would then pay the dealer the difference or a portion thereof. This is a regular practice because the dealership is selling the contract to a bank just like it sold a car to the customer.

  8. 5 Ways To Buy a Car Without Using a Dealer - AOL

    www.aol.com/finance/5-ways-buy-car-without...

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  9. Title loan - Wikipedia

    en.wikipedia.org/wiki/Title_loan

    A title loan (also known as a car title loan) is a type of secured loan where borrowers can use their vehicle title as collateral. [1] Borrowers who get title loans must allow a lender to place a lien on their car title, and temporarily surrender the hard copy of their vehicle title, in exchange for a loan amount. [ 2 ]

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