Hey everyone! I'm trying to wrap my head around the different types of car loans out there. It feels a bit overwhelming with so many terms like "balloon payment," "secured vs unsecured," and "pre-computed interest" being thrown around. I just want to make sure I choose the right type of loan that fits my budget and doesn’t surprise me later on. Has anyone had experience with these or could point me in the direction of a resource that explains the differences well? Thanks in advance!
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