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taking loan?*
i want to get a car for 5000 or less..and i want to take loan from the bank ..pls tell meeverything u know about it and opinion pls :D
Answers:
1) you need to go there & tell them you want an auto loan (or the dealership can do it also), and you apply, and you get the car if you are approved. some require a down payment, but not all of them. you will decide with the bank of the term of ur loan (usually 2-5 years), and then depending on your credit & the bank, you will have your interest rate determined & your payments will be determined on that. i hope that helps, & if u have any other questions about it, feel free to email me.
2) Fortunately, the internet has opened up a host of opportunities to obtain such loans. There are websites that specialize in just that. Furthermore, there are traditional lenders that offer an online application pathway provides you withpayments and whether or not you will need to put up real estate as security.Once you have taken the time to ask yourself some searching questions and also get some reliable answers from lenders, you will be in a much better position to choose a loan.
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