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2. Amortization calculator - Wikipedia

   en.wikipedia.org/wiki/Amortization_calculator

   An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process.. The amortization repayment model factors varying amounts of both interest and principal into every installment, though the total amount of each payment is the same.

3. 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.

4. 5 debts to prioritize paying off before retirement - AOL

   www.aol.com/finance/debts-to-pay-off-retirement...

   After personal loans, focus on paying off auto loans next if it makes sense. The average car loan rate is 8.40% for five-year terms and 8.76% for six-year terms, with the average loan balance ...

5. Rule of 78s - Wikipedia

   en.wikipedia.org/wiki/Rule_of_78s

   Also known as the "Sum of the Digits" method, the Rule of 78s is a term used in lending that refers to a method of yearly interest calculation. The name comes from the total number of months' interest that is being calculated in a year (the first month is 1 month's interest, whereas the second month contains 2 months' interest, etc.).

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

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

   A car title loan, or “pink slip loan,” allows you to borrow anywhere from 25 percent to 50 percent of the value of your vehicle in exchange for giving the lender the title to your vehicle as ...

7. Average auto loan debt grew 5.2% in 2023. How will it affect ...

   www.aol.com/average-auto-loan-debt-grew...

   Average auto loan balance grows 5.2%. Average outstanding auto loan debt balances increased by 5.2% to $23,792 from Q3 2022 to Q3 2023—less than the 7.7% increase from 2021 to 2022, but still ...