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Which is away to borrow money from a bank or financial institution to pay for a car

User JerryOL
by
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2 Answers

3 votes

Answer:

car loan

Explanation

the bank gives u money for the car and over time you pay the bank back

User El Sampsa
by
4.8k points
7 votes

Answer:

Though any options are not given, but car loan or automobile loan is the only way to borrow money from a bank or financial institution to pay for a car.

A car loan or automobile loan is a loan that people borrow from the banks to purchase their cars. While applying for a car loan a person should tell how much he wants to borrow as each car has different cost.

User Ebi
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4.7k points