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Smart Borrowing: A Guide to Evaluating Car Top-Up Loan Interest Rates

Manyasharma0128 Nov, 2023Finance

Car top-up loans are a type of personal loan that is secured against your vehicle. This means that, if you are unable to make the payment, the loan provider can take your vehicle as collateral. However, the risks don?t stop there. The car top up loan interest rate often varies widely, from two percent to as much as 10 percent, depending on the financial institution.

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