A car loan service helps individuals finance the purchase of a vehicle by providing loans specifically for that purpose. This service typically involves:

1. **Loan Application**:

Submitting financial information to determine eligibility.

2. **Loan Approval**:

Lenders assess creditworthiness and approve the loan.

3. **Loan Terms**:

Discussing interest rates, repayment periods, and monthly payments.

4. **Disbursement**:

Once approved, funds are provided to purchase the car.

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