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  2. How to calculate loan payments and costs - AOL

    www.aol.com/finance/calculate-loan-payments...

    For the figures above, the loan payment formula would look like: 0.06 divided by 12 = 0.005. 0.005 x $20,000 = $100. In this example, you’d pay $100 in interest in the first month. As you ...

  3. Which debt should you pay off first? Five options to consider

    www.aol.com/finance/debt-pay-off-first-five...

    A home equity calculator can help you determine whether tapping your home’s equity to pay off your debts can save you money. Remember, if you fall behind on your mortgage payments, you risk ...

  4. Can you use a personal loan to buy a car? - AOL

    www.aol.com/finance/personal-loan-buy-car...

    Personal loans can be used to cover the cost of different financial needs, from medical expenses to the costs of a wedding or debt consolidation and yes, a car purchase. However, most personal ...

  5. Financial services - Wikipedia

    en.wikipedia.org/wiki/Financial_services

    Payment recovery – Assistance in recovering money inadvertently paid to vendors by businesses, such as by accidental duplicate payment of an invoice or failure to return a deposit. Financial exports. A financial export is a financial service provided by a domestic firm (regardless of ownership) to a foreign firm or individual.

  6. Debt consolidation - Wikipedia

    en.wikipedia.org/wiki/Debt_consolidation

    Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others. [1] This commonly refers to a personal finance process of individuals addressing high consumer debt, but occasionally it can also refer to a country's fiscal approach to consolidate corporate debt or government debt. [2]

  7. Loan - Wikipedia

    en.wikipedia.org/wiki/Loan

    Similarly, a loan taken out to buy a car may be secured by the car. The duration of the loan is much shorter – often corresponding to the useful life of the car. There are two types of auto loans, direct and indirect. In a direct auto loan, a bank lends the money directly to a consumer. In an indirect auto loan, a car dealership (or a ...

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