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  2. 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

  3. Using a 401(k) loan to buy a car: Is it ever a good idea? - AOL

    www.aol.com/finance/using-401-k-loan-buy...

    Compare rates, terms and fees from traditional lenders to evaluate whether borrowing against your 401(k) is the best move for you. Borrowing against your 401(k) to purchase a car can be tempting ...

  4. 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). There are two primary methods of borrowing money to buy a car: direct and indirect.

  5. The Complete Guide to Borrowing Money - AOL

    www.aol.com/complete-guide-borrowing-money...

    It sometimes gets a bad rap, but borrowing money isn't always a bad thing. April is Financial Literacy Month, making now a great time to learn how to borrow responsibly. Tips: 7 Financial Habits ...

  6. Personal contract purchase - Wikipedia

    en.wikipedia.org/wiki/Personal_contract_purchase

    This option, but not the obligation, to acquire the car after a period equivalent to a contract hire is therefore packaged as either an option (in law) to purchase the car (a call option) at a 'set' price, or a right to sell the car (a 'put' option) at a set price after ownership is fully achieved from the final ‘balloon’ payment.

  7. Should I use a home equity loan to buy a car? - AOL

    www.aol.com/finance/home-equity-loan-buy-car...

    If you take out $50,000 of your home’s equity, for example, you might use $20,000 to buy the car and $30,000 on a kitchen remodel. Since the larger chunk of money would go toward improving your ...

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