Reviewed by Shannon Martin, Licensed Insurance Agent.
Purchasing a car can be a significant financial burden. Fortunately, you can get a loan to buy a car, which makes purchasing a vehicle much more manageable.
, you should apply through multiple lenders, including local and national banks, credit unions, and online lenders, to find the best rate and favorable terms.
Requirements vary, but to make the application process a bit easier, you should have the following handy:
Your driver’s license
Proof of residence
Proof of employment and income
Once you’ve been approved for a loan and found a vehicle, you’ll also need to purchase
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