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As brand new automobile rates rise, lenders are providing longer and longer terms for automobile financing. While five-year (60-month) loans had been once considered long, when you look at the very first quarter of 2019, almost two-thirds of the latest car and truck loans had longer terms, in accordance with Experian data.

Now, 84-month automotive loans have become more widespread. Obtaining a seven-year car finance can lessen your payment per month, but is it a smart move economically? That will depend on a few factors. Přečtěte si více o oAt Experian, customer finance and credit training is our concern. …