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Can I use the loan to buy a vehicle privately?
Can I use the loan to buy a vehicle privately?

Common car loan questions

Monisha Begum avatar
Written by Monisha Begum
Updated over a week ago

Yes. You can use your personal loan to purchase a car or just about any type of vehicle privately, be that at a car fair, online car dealer or auction site. How you achieve your goal of acquiring the vehicle is up to you, so as long as it’s legal.

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