29 Terms
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Auto loans
Industry: Financial services
Add a new termContributors in Auto loans
Auto loans
Write-off
Financial services; Auto loans
If a vehicles's value is less than the cost to repair it, an insurance company will declare the vehicle a 'write-off'. In some instances it may be more cost effective to replace your vehicle than to ...
Terms and conditions
Financial services; Auto loans
Legal terms and conditions which apply to the finance agreement. These may be found in the Welcome Pack.
Total amount payable (TAP)
Financial services; Auto loans
The sum of all the monthly payments or rentals including the Final Repayment.
Total monthly repayments
Financial services; Auto loans
The amount payable monthly, including any options that have been selected as extras.
Unregulated Agreement
Financial services; Auto loans
An agreement which is not regulated by the Consumer Credit Act.
Use of personal information
Financial services; Auto loans
In accordance with the DPA any personal information will be held securely and not passed on to third parties.
