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From: Mark Evans
Related topics : car loan bad credit canada / bad credit loan auto
The risks of long-term car loans
With a long-term car loan, you may still owe more than the value of the car when you want to trade it in. In that situation, you may be offered to add the remaining debt to a new loan. That means a bigger debt, possibly at a higher interest rate.
Get tips to help you make informed decisions about car financing at: http://www.fcac-acfc.gc.ca/Eng/forConsumers/topics/creditLoans/Pages/financing-car.aspx.
Understanding your financial rights and responsibilities means no surprises. Find out more...
From: FCACan
Related topics : car interest rate loan / get a car loan canada