With the myriad options available in the auto loan market, buying a car is not an impossible dream these days. Banks are offering auto loans, sometimes over 90% of the ex-showroom price of the vehicle ...
The APR, or Annual Percentage Rate, of a loan is the amount of interest you’ll be charged in one year for that loan. The APR is determined by the interest rate for your car loan. It also includes fees ...
The LTV ratio tells how much funding the bank will give you compared to the property, car, or asset for which you are taking ...
Buying a vehicle, especially a brand-new model, is one of the biggest financial commitments customers can make today. With the average price of a new vehicle hitting $44,467 in November 2024, auto ...
This article explains how EMIs are calculated, the factors influencing them, and how a personal loan eligibility assessment ...