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  2. Hire purchase - Wikipedia

    en.wikipedia.org/wiki/Hire_purchase

    Hire purchase A hire purchase ( HP ), [ 1 ] also known as an installment plan , is an arrangement whereby a customer agrees to a contract to acquire an asset by paying an initial installment (e.g., 40% of the total) and repaying the balance of the price of the asset plus interest over a period of time.

  3. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Buy Here Pay Here financing accounts for 6% of the total financing market. [5] Car financing options in the United Kingdom similarly include car loans, hire purchase, personal contract hires (car leasing) and Personal Contract Purchases. In 2016, Toyota was found guilty of racist lending practices. [6]

  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. Understanding online marketplace lending - AOL

    www.aol.com/finance/understanding-online...

    Using an online lender network to secure a personal loan is somewhat similar to the traditional application process in that you can expect a credit pull and a basic questionnaire. While every ...

  6. How to get a loan to buy a business - AOL

    www.aol.com/finance/loan-buy-business-203055159.html

    When you’re ready to apply for a loan to buy a business, follow these steps to help make the process more seamless: 1. Determine if you’re eligible for funding.

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

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

    Apply for a personal loan. Although qualifying for a personal loan can be challenging if you have bad credit, you may have options. Some online lenders feature bad credit loans you could be ...

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