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Car loans the 'quick and easy' option

The popularity of new and used car loans has meant that even those with bad credit can now afford the car of their dreams, according to one expert.

The popularity of new and used car loans has meant that even those with bad credit can now afford the car of their dreams, according to one expert.

In an article for Best Syndication, Mark Nikolos states that car finance has opened the doors for many motorists to secure the vehicle they need and that paying for a dream car is now easier and more convenient than it has been in the past.

He recommends looking to the internet for the best deals and states that the many different types of car loans available mean that there is something out there for everyone.

"The online procedures accelerate the approval and a few working days are sufficient to drag the funds to your bank account," he states.

However, in an article for the Times last week, Jason Dawe warned that drivers looking for their "dream car" should spend cautiously and said if a used car deal seems too good to be true then it probably is.


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