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  2. 5 Strategies for Paying Off Car Loan Early - AOL

    www.aol.com/5-strategies-paying-off-car...

    Paying off your car loan early can earn you much-needed financial freedom and save you potentially hundreds (or thousands) of dollars in would-be interest. ... and 60-month (five-year) loans. Car ...

  3. Debt consolidation - Wikipedia

    en.wikipedia.org/wiki/Debt_consolidation

    Debt generally refers to money owed by one party, the debtor, to a second party, the creditor.It is generally subject to repayments of principal and interest. [9] Interest is the fee charged by the creditor to the debtor, generally calculated as a percentage of the principal sum per year known as an interest rate and generally paid periodically at intervals, such as monthly.

  4. Personal contract purchase - Wikipedia

    en.wikipedia.org/wiki/Personal_contract_purchase

    The monthly payment amount is determined by the amount of the initial payment (the ‘deposit’), which can be negotiated with the financing company, and the final balloon payment, which is set by the financing company. The financing company is likely to be represented in this discussion by either a car dealer or automotive finance broker. [6]

  5. 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.

  6. Smart Financing: Experts Explain How To Save Money on a Car Loan

    www.aol.com/smart-financing-experts-explain-save...

    For premium support please call: 800-290-4726 more ways to reach us

  7. How to save on car insurance: 7 ways to lower your rate

    www.aol.com/finance/save-car-insurance-7-ways...

    4. Consider pay-per-mile insurance. You may have heard of usage-based insurance or pay-per-mile insurance.While they’re slightly different types of policies, they can save you money.

  8. Refinancing - Wikipedia

    en.wikipedia.org/wiki/Refinancing

    Refinancing is the replacement of an existing debt obligation with another debt obligation under a different term and interest rate. The terms and conditions of refinancing may vary widely by country, province, or state, based on several economic factors such as inherent risk, projected risk, political stability of a nation, currency stability, banking regulations, borrower's credit worthiness ...

  9. Owner financing: What it is and how it works - AOL

    www.aol.com/finance/owner-financing-works...

    Owner financing is an arrangement in which an owner or seller, rather than a bank or mortgage lender, extends financing to a buyer. This can be a viable option for buyers who don’t qualify for a ...

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