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  2. Personal contract purchase - Wikipedia

    en.wikipedia.org/wiki/Personal_contract_purchase

    Personal contract purchase (PCP), often referred to as a personal contract plan, is a form of hire purchase vehicle finance for individual purchasers, similar to both personal contract hire and a traditional hire purchase (buying on installments).

  3. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    Forms of loan agreements vary tremendously from industry to industry, country to country, but characteristically a professionally drafted commercial loan agreement will incorporate the following terms: Parties to contracts with their addresses; Definitions or interpretation provisions; Facility and purpose [a] Conditions precedent to utilization

  4. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Usually, car leases allow the lessee to drive the car for a certain number of miles for a certain number of years. The lessee pays a fixed monthly payment for the privilege of driving the vehicle, and when the lease ends, the lessee returns the vehicle to the lessor. The lessee pays only for the value of the vehicle for the term of the lease.

  5. How to finance a recreational vehicle: RV loans, alternatives ...

    www.aol.com/finance/how-to-finance-rv-182200533.html

    Once you decide on a vehicle, you’ll sign the loan agreement, and the RV is yours. It’s worth shopping around different lenders to get a sense of what’s available to you. This might require ...

  6. How do title loans work, and are they ever worth the risk? - AOL

    www.aol.com/finance/title-loans-ever-worth-risk...

    The application fee is capped at $20, and you’ll pay no more than 28 percent in interest. This makes payday alternative loans more affordable than car title loans and some bad credit personal loans.

  7. Loan - Wikipedia

    en.wikipedia.org/wiki/Loan

    In a direct auto loan, a bank lends the money directly to a consumer. In an indirect auto loan, a car dealership (or a connected company) acts as an intermediary between the bank or financial institution and the consumer. Other forms of secured loans include loans against securities – such as shares, mutual funds, bonds, etc. This particular ...

  8. Closed-end leasing - Wikipedia

    en.wikipedia.org/wiki/Closed-end_leasing

    Open-ended(conventional) motor vehicle leases generally include a provision for determining the amount of "excess wear and tear" (or "wear and use") at the end of the lease term, for which the lessee is responsible upon returning the vehicle. [2] Closed-end leases have become very popular for automobile buyers in North America since the mid ...

  9. Should you use a home equity loan to pay off an auto loan?

    www.aol.com/finance/home-equity-loan-pay-off...

    Home equity loans and auto loans have fixed interest rates, but if you choose a home equity line of credit (HELOC), it will probably have a variable rate. Your HELOC interest rate can increase or ...

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