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Buying Used Cars: Things To Know About Used Car Loans
Here are a few things that you should keep in mind while getting a loan for buying used cars.
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Things To Consider Before Buying A Car On Loan
Buying a car is fun, but taking a loan for the same is very tiring. The entire process of EMIs and loan repayment is very hectic and tricky. From scrutinising for best schemes to choose the repayment tenure, here are the top 5 things of consideration before you take a car loan.
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Mahindra-Owned SsangYong Motor Files For Receivership As It Misses Loan Repayment
South Korea's SsangYong Motor Co Ltd filed for court receivership on Monday after it defaulted on loan repayment of about 60 billion won ($54.44 million), the South Korean automaker said in a statement.
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Mahindra's Ssangyong Defaults On Rs. 408 Crore Loan Repayment To 3 Different Banks
Home-grown utility vehicle manufacturer, Mahindra and Mahindra, has announced that its South Korean unit, Ssangyong Motor Company, has defaulted on loan repayments of about 60 billion Korean Won (KRW) or approx. Rs. 408 crore, to three different financial institutions.
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Fiat India Brings In Special Finance Schemes To Attract Customers
The company is offering lowest loan interest rates from banks and coverage in the event of a job loss among other things to its probable customers.
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RBI's Announcement Provides 3 Months Relief From Car Loan EMIs
The Reserve Bank of India today came out with its own set of measures of aid in these challenging times. These included a moratorium on loan repayments and change in repo rate.
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Tesla Secures $1.29 Billion Loan From Chinese Banks For Shanghai Factory
Besides construction and production at the Shanghai factory, the loan may also be used to repay the 3.5 billion yuan debt due to be repaid on March 4 next year.
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Laid-Off Employees Deep In Debt As Slowdown Hits Tamil Nadu Auto Hub
In Chennai's Ambattur, a hub for tiny auto component manufacturers, machine operator Sahaya Mary was pushed out of her job of 10 years. With no means of income, she had to take a loan from a private money lender at a very high interest rate. Unable to pay off her debt, she has now pledged the little gold that she owned. "I don't know whether to eat...
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Auto Industry Slowdown Hits Lakhs Of Jobs
The slowdown in auto sector has rendered an estimated three lakh and a fifty thousand people jobless due to spiraling lay offs in the automobile industry. In Chennai's Amabattur industrial estate the slowdown has crippled John Peter makes valve components. Over the last five months, his 8 lakh monthly turnover has dropped by ninety percent, to just...
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Buying Used Cars: Things To Know About Used Car Loans
Here are a few things that you should keep in mind while getting a loan for buying used cars.
-
Things To Consider Before Buying A Car On Loan
Buying a car is fun, but taking a loan for the same is very tiring. The entire process of EMIs and loan repayment is very hectic and tricky. From scrutinising for best schemes to choose the repayment tenure, here are the top 5 things of consideration before you take a car loan.
-
Mahindra-Owned SsangYong Motor Files For Receivership As It Misses Loan Repayment
South Korea's SsangYong Motor Co Ltd filed for court receivership on Monday after it defaulted on loan repayment of about 60 billion won ($54.44 million), the South Korean automaker said in a statement.
-
Mahindra's Ssangyong Defaults On Rs. 408 Crore Loan Repayment To 3 Different Banks
Home-grown utility vehicle manufacturer, Mahindra and Mahindra, has announced that its South Korean unit, Ssangyong Motor Company, has defaulted on loan repayments of about 60 billion Korean Won (KRW) or approx. Rs. 408 crore, to three different financial institutions.
-
Fiat India Brings In Special Finance Schemes To Attract Customers
The company is offering lowest loan interest rates from banks and coverage in the event of a job loss among other things to its probable customers.
-
RBI's Announcement Provides 3 Months Relief From Car Loan EMIs
The Reserve Bank of India today came out with its own set of measures of aid in these challenging times. These included a moratorium on loan repayments and change in repo rate.
-
Tesla Secures $1.29 Billion Loan From Chinese Banks For Shanghai Factory
Besides construction and production at the Shanghai factory, the loan may also be used to repay the 3.5 billion yuan debt due to be repaid on March 4 next year.
-
Laid-Off Employees Deep In Debt As Slowdown Hits Tamil Nadu Auto Hub
In Chennai's Ambattur, a hub for tiny auto component manufacturers, machine operator Sahaya Mary was pushed out of her job of 10 years. With no means of income, she had to take a loan from a private money lender at a very high interest rate. Unable to pay off her debt, she has now pledged the little gold that she owned. "I don't know whether to eat...
-
Auto Industry Slowdown Hits Lakhs Of Jobs
The slowdown in auto sector has rendered an estimated three lakh and a fifty thousand people jobless due to spiraling lay offs in the automobile industry. In Chennai's Amabattur industrial estate the slowdown has crippled John Peter makes valve components. Over the last five months, his 8 lakh monthly turnover has dropped by ninety percent, to just...
