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What kind of loan is an auto loan?

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βˆ™ 2010-12-11 23:50:16

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An auto loan is a loan that's given to someone to enable him/her buy a car while they pay back within a period of time below is my recomendation for best auto loan

2021-02-27 22:46:21
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2010-12-11 23:50:16
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An auto loan is a secured loan. A lien on the car helps the lessen the risk for the lender.

2010-12-11 23:50:16
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Related Questions

Can you put your minor child on auto loan?

No. They have to be 18, to be on any kind of loan


An auto loan constitutes what kind of debt?

Open debt


Are four wheelers under auto loan or personal loan?

Auto Loan


Do auto loan calculators accurately predict auto loan payments?

Auto loan calculators are not reliable. Although they can sometimes predict auto loan payments correctly, they are often inaccurate and can cause issues.


How would you refinance an auto loan?

You can refinance an auto loan at any place you can get an auto loan. It may be best to use an agency in which you have already gotten a loan through before.


If someone cosigns your auto loan are they responsible for your other debts or only the auto loan?

Just for the auto.


Where can I find an auto loan calculator?

There are several useful auto loan calculators online. The one found at http://www.bankrate.com/calculators/auto/auto-loan-calculator.aspx gives you a lot of information/


Where can one find the lowest auto loan?

It would be best to look on some kind of comparison site in order to find the lowest auto loan. Sites like MoneySupermarket will compare the different auto loans currently being offered.


Where can I find a quick auto loan?

You may be able to receive an auto loan through a bank or savings. The government may not provide you with an auto loan.


How do I find a calculator for car loan payments?

If your looking for an auto loan calculator, Bankrate is a great place to start. They provide car loan and auto loan calculators to help with your buying decision. http://www.bankrate.com/calculators/auto/auto-loan-calculator.aspx


How does the auto loan calculator work?

An auto loan calculator factors in the interest rate of the loan, the loan amount, and length of time for the auto loan. This information givens you the monthly payment as well as loan balance for that particular loan plus the total you will pay over the life of that loan.


Where can one find an auto loan calculator?

There are several places where one can find auto loan calculators. One can find an auto loan calculator on several websites such as Auto 123, and Chase.


Can you qualify for an auto loan with no drivers license?

yes you can get a auto loan without a license but you can not get auto insurance with out one and you can't complete the loan closing without insurance.


What kind of Auto loans are considered high risk?

High risk auto loans could refer to the driver signing for the loan or the type of vehicle that is being purchased with the loan. If an individual has defaulted on a previous loan they may need to have a co-signer guarantee payment.


Can you pay off your auto loan to the lender?

Yes when you pay off your auto loan the payment should be made to the lender. In fact all auto loan payments should be made to the lender who financed the loan.


What is the credit score you need to get a auto loan?

the acurate auto loan you need is at least 750


Where can one get an auto loan quote?

Auto loan quotes can be found online. 'Autobytel', 'Carquotes', 'Roadloans', and 'Nationwide' are a couple of online websites that offer auto loan quotes.


Is it easier to get a home or auto loan?

It is easier to get an auto loan than a home loan. No matter which kind of loan your trying to get you should also compare several loan option to make sure you get the best home or auto loan available to you no matter what current financial circumstance you may have.


Auto Loan Early Payoff?

Auto Loan Early Payoff How much interest can you save by increasing your auto loan payment? This financial calculator helps you find out. View the report to see a complete amortization payment schedule, and how much you can save on your auto loan!


Does an auto loan rewrite hurt your credit?

I think yes....the auto loan rewrite can hurt your credit


How is the interest on an auto loan calculated?

Auto loan interest payments are calculated using an amortization schedule.


I have an auto loan in my name can i get another auto loan in my name?

If you are already running a loan, then you can take a loan from another bank not from the same bank. If still you want a loan from same bank, then you can get on your parents name.


Is there a website that can calculate bank rates for an auto loan?

There is a website that can calculate bank rates for an auto loan. Simply go on bankrate.com, click on auto, and fill out all relevant information to calculate bank rates for an auto loan.


Where can one get an auto loan for a car?

One can get an auto loan for a car at the "State Farm" website. State Farm is a very reliable and widely used company for a quick and easy to get auto loan.


What is the difference between a normal auto loan and a title auto loan?

With a title auto loan, your vehicle has already been paid off and you are using it as collateral for a new loan sometimes referred to as a cash advance. A normal auto loan is dedicated to the new or used vehicle and the funds normally are not used for anything else unless financed within the loan ie. warranty.