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Auto loans are designed explicitly for the purchase of automobiles. These loans are usually secured by the automobile being purchased, which can result in lower rates of interest. The Loan calculator time period can differ, but common periods range from 36 to seventy two mon

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Repayment terms can even range. Some lenders provide weekly or bi-weekly fee choices that align with the day laborer's income cycle. This flexibility ensures that borrowers can handle their repayments with out undue strain on their fu

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