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Car loan

When buying a car it's more advisable to take out an assigned loan or a personal loan than a revolving loan. These loans give you better repayment security and are encouraged by lenders.

 

Pay particular attention to the following points.

 

We advise you to put down a deposit before taking out a loan: this will reduce the amount you need to borrow as well as the time required to pay it back.

 

Make sure it is within your means!
Do not forget to take into consideration the overall effective rate and the total cost of the loan.

In this case too, taking out insurance on the loan will save you from many setbacks! 

 

Reduce the cost of your car loan

 

Be aware that these loans are never longer than 60 months. For this reason we urge you to reduce the cost and duration of your loan by as much as possible. Consider, for example, negotiating the price of your car, putting down a deposit to get a better rate, and of course, do not hesitate to contact a broker to find the best solution for you and to negotiate the best quotes from their partners!

 

 




 

   
     
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