Auto Loan Sales Executive

Auto Loan Sales Executive Interview Questions and Answers

Updated 25 May 2023

Q1. Describe about Auto Loans and car loans

Ans.

Auto loans and car loans are financial products that allow individuals to purchase a vehicle by borrowing money from a lender.

  • Auto loans and car loans are secured loans, meaning the vehicle serves as collateral for the loan.

  • The loan amount, interest rate, and repayment terms vary depending on the borrower's credit score, income, and other factors.

  • Auto loans and car loans can be obtained from banks, credit unions, and online lenders.

  • Some lenders offer pre-approval for auto loa...read more

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