auto loans are used by borrowers for car purchase. The loans are secured by liens on the automobiles being financed. The balance of an auto loan securitization will amortise as borrowers make payments on their loans.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). auto loan. Retrieved September 24, 2026, from http://smartdefine.org/auto_loan/definitions/1148095 |
| Chicago | Barry Goldsmith. 2010. "auto loan" http://smartdefine.org/auto_loan/definitions/1148095 (accessed September 24, 2026). |
| Harvard | Barry Goldsmith 2010, auto loan, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/auto_loan/definitions/1148095>. |
| MLA | Barry Goldsmith. "auto loan" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/auto_loan/definitions/1148095> |