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The Pros and Cons of a Balloon Payment

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Your Finance Adviser
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The Pros and Cons of a Balloon Payment

A balloon payment is a one-off lump sum that you pay to the lender at the end of your car loan’s term. Balloon payments are more common with car loans for businesses and are a great way to help reduce your monthly repayments and free up cash.

Read more: https://www.yourfinanceadviser.com.au/the-pros-and-cons-of-a-balloon-payment/


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