Unfortunately, many people who get a loan to buy a car are unaware that they pay insurance to protect an asset that does not yet belong to them. Imagine this for a moment: you've just been approved for a loan, and now you've got yourself a brand-new car. It's shiny and beautiful, and it smells so good when you first drive out of a car showroom. The feeling of euphoria is all around you, and you are in total bliss, and you feel you've just gotten a great deal. Let’s take a moment to get real—this isn’t about partnership with your lender; it’s about making informed decisions. As a borrower,...
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