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First-Timer’s Guide To Getting A Car Loan.

- Fidel Feria

PURCHASING A CAR IS perhaps one of the more important investments you can make, so it’s crucial that you go about this in a practical fashion— you don’t want to squander all your savings, do you? Fortunately, you have the option to purchase your vehicle through a car loan.

A car loan is money you can borrow from a bank or lender to buy your car. Here, you’ll need to pay your lender back with interest over the agreed period of time or loan term.

If it’s your first time to get a car loan, here are some tips to make the whole process smooth and relatively easy.

PLAN CAREFULLY