Auto Loans

car loans during the pandemic

What’s The Process Of Getting An Auto Loan

Buying yourself a car? Approved Cash can help you.

What is an Auto Loan?

Cars are expensive machines. Some people buy cars outright with cash, but that’s not realistic for many.

Auto loans help people get into safe, reliable automobiles that get them where they need to go. These loans typically last 4-6 years.

Auto loans are secured loans. This means your car is the collateral. In the worst case, if you’re unable to pay your loan, the lender has claim to the vehicle. In most cases, your debt will not go to collections.

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