Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How is auto loan payable?

April 26, 2017auto loan Payable

0

Posted

How is auto loan payable?

1 Answer

0

Posted

We leave that decision to the borrower. Borrowers have several repayment options, most popular being monthly repayment system, for borrower to choose. The borrower can choose the repayment method and stick to the method for the term of the loan.