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automobile loan

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Noun1.automobile loanautomobile loan - a personal loan to purchase an automobile
consumer loan, personal loan - a loan that establishes consumer credit that is granted for personal use; usually unsecured and based on the borrower's integrity and ability to pay


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``Defendant submitted the false tax returns to People's Bank for the purpose of influencing People's Bank to provide him with an automobile loan.
The collateral securing the notes is a pool of sub-prime automobile loan receivables secured by new and used automobile and light duty trucks and vans.
Aimbridge offers AimbridgeConnect[TM], a suite of sophisticated lending tools that enable automotive dealers to immediately track and verify automobile loan applications from the point of application through loan funding.
 
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