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Discuss tips for taking a loan in the Finance and Insurance forum at Car Dealer Forums; According to me this are the basic things to be remembered during the loan process, ...
  1. #1
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    Default tips for taking a loan

    According to me this are the basic things to be remembered during the loan process, consider every piece of paper you sign as a binding contract. Never sign anything that you have not read in its entirety and do not, under any circumstances, sign a blank document or a document with empty lines that could be filled in later.


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  2. #2
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    An unsecured loan is one in which you have not promised the lender anything against your loan. The lender is taking on more risk in this case because if you stop making payments basically all they can really do is keep calling you to ask that you do pay. A secured loan is on in which you do indeed promise a tangible asset against your loan. Therefore if you stop making payments the lender will come and take that asset away from you and sell it to pay off your loan. The most common example of a secured loan would be a mortgage on your house or an auto loan. Whether you go secured or unsecured is going to be dependent on your specific situation and youíll need to do you homework to figure out what is best for you.

  3. #3
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    Really i need this . i just buy a new Honda car and i wanna have insurance of my new car.so please explain me in details.

  4. #4
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    Make sure the first story you give your insurance company is accurate and full - changing your story later on makes your claim look awkward and could lead to your insurer doubting its validity. After initial contact has been made with your insurer, make sure that you keep all documents you get sent in a secure location as well as ensuring you are easy to get in contact with should your car insurance company or the police need to get in touch with you. Also remember that until your insurer agrees to pay for the repairs, any repairs made to the car are your responsibility. Ensure you have confirmation before getting the car repaired, or you could find yourself with a hefty repair bill which you will have to pay.

  5. #5
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    Hi,

    Itís a useful tip...
    Thanks for the post misaelwade


    Cheers

  6. #6
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    Take insurance for that car as the rules should followed by each person, if you don't want to pay fine for this, always buy insurance for car and other motor vehicles.

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