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Where can one receive a guaranteed auto loan?

Cynthia Baker

in Student Loans

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Annie Barnes on October 7, 2018

Guaranteed car loans are the loans that are available for people who have bad credit or not. Guaranteed auto loans are widely available, but are priced high interest rates and shorter terms. This means that in the course of the loan, you are being penalized by having to pay again with a higher amount of interests for automobile loans that are unsecured. Also - the collateral used is your car, so if you miss a payment, they take away your vehicle.

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