Financing

Asked by RagingBull72 Nov 17, 2019 at 06:24 PM

Question type: General

4 Answers

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A lender will loan you money for a loan, be it an auto, home or personal. You make monthly payments with interest till it is paid off. The payments are to the lender or bank. They will cut a check to the seller or dealer and you sign it over to them when you pick up the car.

Sorry I'm still confused. I know how loans work, but who is providing the loan. Is it 3rd party businesses on guru? Can I make financing arrangements without taking a loan from them. I wanted to just get a personal loan and use that for payments. Sorry I'm so confused and that's

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