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Also called an automobile loan or auto loan, a car loan is the secured loan you intend to get against the car you want to purchase. Own your dream car with the funds from Loan MartWhile taking the car loan, the borrower agrees to pay back the loan amount with the interest back to us until a certain date, typically by making monthly payments. This is also called car financing.
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All loans are not created equal, personal loan has become a great option for people to use.