Thursday, November 29, 2012
Why Use A Car Loan Eligibility Calculator
The prospect of buying a new car sounds very exciting. But when the time comes for opting for a finance scheme, it turns out to be a tedious process. The car loan Equated Monthly Instalment or what is popularly known as EMI, becomes the primary cause of concern. It is here when the EMI calculator comes handy. It is used in calculating the rate of interest that would be charged on your auto loan and accordingly, you can calculate the total payment that you need to pay every month.
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