A Car Loan in Los Angeles is a Contract

Posted Monday, Sep 03, 2012 by nhtwpprod

A car loan in Los Angeles for a new or used vehicle purchase is a contract between the purchaser and the finance company. In exchange for paying the car dealer the money owed on the vehicle, the purchaser agrees to pay the finance company monthly payments plus interest until the loan is paid in full. Loans are a contract and consumers should always review the terms, interest rate and total amount to be paid back before signing the loan papers. People needing assistance with obtaining a car loan can visit North Hollywood Toyota, www.northhollywoodtoyota.com, which has received numerous awards for excellence in sales, service and customer service.