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  2. Pros and cons of refinancing a car: Is it right for you? - AOL

    www.aol.com/finance/pros-cons-refinancing-car...

    Lower monthly payments. If you struggle to meet your monthly payments, refinancing can make your monthly payment more affordable and free up cash in your budget. You can get a lower rate, a longer ...

  3. How do title loans work, and are they ever worth the risk? - AOL

    www.aol.com/finance/title-loans-ever-worth-risk...

    To illustrate how these loans work, assume you own a car worth $5,000, and you find yourself in an emergency and need $1,000. A title loan lets you borrow against your vehicle so you can get the ...

  4. Find Out What You Have to Pay When You Refinance Your Car - AOL

    www.aol.com/pay-refinance-car-151700095.html

    Title transfer fees: Some states require you to pay a title transfer fee when refinancing a car loan. This is because the old lender has to transfer your car's title to the new lender.

  5. When should I refinance my car loan? - AOL

    www.aol.com/finance/refinance-car-loan-165628257...

    Bankrate tip. According to data from Experian, the average used car rate in the third quarter of 2023 is 11.35 percent.Although refinancing rates vary, they are usually similar to used car rates ...

  6. Title loan - Wikipedia

    en.wikipedia.org/wiki/Title_loan

    Personal finance. A title loan (also known as a car title loan) is a type of secured loan where borrowers can use their vehicle title as collateral. [1] Borrowers who get title loans must allow a lender to place a lien on their car title, and temporarily surrender the hard copy of their vehicle title, in exchange for a loan amount. [2]

  7. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Car purchases. The most common method of buying a car in the United States is borrowing the money and then paying it off in installments. Over 85% of new cars and half of used cars are financed (as opposed to being paid for in a lump sum with cash). [ 2] Roughly 30% of new vehicles during the same time period were leased.

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