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Paying in cash for a car is the most cost-efficient way of buying a car, as you avoid any interest charges. However, the traditional unsecured personal loan that you can get from any bank or building.
When it comes to relatively smaller expenses (i.e. not a mortgage, new car, or student loans), a small personal loan can make.
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Image source: Getty Images. When you need to borrow money without a specific purpose such as buying a house or car, you generally have two options. You can take out a personal loan, or you can choose.
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Personal Loan or Car Loan: Which Should You Get? – And for many of us, one of our biggest purchases is a vehicle. If you’re buying a car, you may need to decide whether you should do so using a personal loan or a car loan. While car loans and personal.
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