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LONG TERM AUTO LOANS are usually car loans that have payment terms longer than 60 months (5 years). Longer duration auto loans in the Philippines are designed to allow customers to make smaller, more affordable monthly payments on a car or truck. While the individual monthly payment amounts are much lower with long term auto loans, the amount of interest paid over the life of the loan increases dramatically. The increased accrued and paid interest can substantially increase the overall cost of ownership with new or used car or truck.
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Car loan Philippines | Auto loan Philippines | AMA Bank Car Loan
