Keven Woodington: I are not able to suppose this... Auto financing is a mortgage, and has been round for close to ninety years. What tinfoil hat e-newsletter did you learn auto loans had been a hoax? I'd like to peer it...and chortle.
Chris Wilczewski: "Financing" is a general term that almost always means "loan." Usually it's a term that retailers (furniture stores, car dealers, etc.) use to mean a loan that lets you pay back a purchase over a schedule.Be careful about financing. Know the total payments that you'll make over the life of the loan and compare that to what you'd pay if you used cash. Quite often the loan can include hidden fees or penalties, depending on who's offering it....Show more
Roosevelt Pendill: Its like your getting approved for a loan, most likely finance charges are applied
Willis Liburd: it basicly means that someone else is going to pay the whole amt you owe upfront in a sense and you are going to pay them extra for doing it. !
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