An auto loan is a type of secured loan, meaning that the car that is financed is used as collateral for the loan. Auto loan terms usually range from 24 months to 72 months. Interest rates on auto loans will vary based on personal credit history, whether the car is new or used, down payment, selling price of the vehicle, loan-to-value ratio and general market conditions. An auto loan is a great way to build and maintain credit and a great way to get behind the wheel of a new car.
With a Bank of Hindman Auto Loan you get the convenience of low, predictable payments, flexible terms and great rates so that you can get the new or used car you want.
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Let a Bank of Hindman loan advisor help find the right auto loan solution for you.
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