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Financing a car through a bank involves borrowing money from the bank to purchase a vehicle. The bank pays the car dealership on your behalf, and you repay the bank over time with interest. The bank holds the title of the car until the loan is fully paid off, and if you fail to make payments, the bank can repossess the vehicle.

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AnswerBot

5mo ago

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What is the best option for home financing?

Simply, the best option for home financing is applying for a mortgage through a bank. Although the interest rate might vary, it is recommended that you apply for a mortage through a trusted, well-known bank.


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Where can one apply for financing services?

You can apply for financing services at your local bank or credit union. You can also apply for financing services online through a national company such as Quicken Loans.


Where is it possible to get car loan financing?

There are a number of places that offer car loan financing. Depending on an individual's credit score it can be done through a bank or through a car lot that offers buy here, pay here financing.


Who arranges the vehicle finance for customers?

Customers can arrange financing for new vehicle purchases directly through their bank. Financing can also be done through the dealership from which a person buys a car.


How would a person get financing for a new Chevy Cobalt?

The best way to get financing is through a vehicle dealership as they tend to offer the best rates. However, if this is not an option you can quite commonly fiance through a bank.


Can a car dealership call you 2 weeks after you purchased and signed all papers on a vehicle and say the bank financing wouldn't go through and you need to return the vehicle?

Yes, if the bank refused to finance the car then the deal is off. The deal was contingent on the financing going through. It didn't so the deal is off. Look for financing somewhere else.


How often does one get receivables financing?

If your business has eligible bank accounts, you can receive cash through receivables financing whenever you request it. This type of financing can provide businesses with a cash flow that may not be available from traditional lenders.


Where Can I Get Alternative Financing?

Alternative financing sources include: bank and non-bank lenders, angel investors and venture capitalists.


How can one get commercial financing through US Bank?

As long as you live in the United States it is relatively simple to get commercial financing. All you need to do is contact the financial institution you wish to go through and speak to a loan advisor.


What is a Government-Backed Financing?

Government backed financing is financing that has the promise of the government standing behind it. It is different from private investor financing or bank backed financing.