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What is the difference between a personal loan and car loan?

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27th Feb 2011 by admint

Personal loan is a type of loan by consumers for personal, family or household use. Example would be for medical purpose, to purchase or repair household items. A car loan is specifically for car or auto purchase.

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This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



24th May 2010 In Banking 1 Answers | 116 Views
Subjects: car loan, personal loan,

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What is the difference between a personal loan and car loan?


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