10 Types of Car Loans
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Editor’s note: Lantern by SoFi seeks to provide content that is objective, independent and accurate. Writers are separate from our business operation and do not receive direct compensation from advertisers or partners. Read more about our Editorial Guidelines and How We Make Money.
1. Secured Auto Loans
2. Unsecured Auto Loans
3. Simple Interest Auto Loans
4. Precomputed Interest Auto Loans
5. Direct Financing Auto Loans
6. Indirect Financing Auto Loans
7. Subprime Auto Loans
8. Title Loans
9. Lease Buyout Loans
10. Private Party Auto Loans
Which Auto Loans Can You Refinance?
Secured auto loans Unsecured auto loans Simple interest auto loans Precomputed interest auto loans Subprime auto loans
Explore Auto Loan Refinancing Options
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About the Author
Sulaiman Abdur-Rahman writes about personal loans, auto loans, student loans, and other personal finance topics for Lantern. He’s the recipient of more than 10 journalism awards and served as a New Jersey Society of Professional Journalists board member. An alumnus of the Philadelphia-based Temple University, Abdur-Rahman is a strong advocate of the First Amendment and freedom of speech.
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