What is a loan-to-value ratio?

In Loans - Car Loans - Asked by Admin - 15 months ago

A loan-to-value ratio or LTV is a ratio that determines the amount of money a borrower can receive based on the car’s value. This is calculated by the retail value or MSRP and the loan amount.

Answered by Admin - 15 months ago

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Car loans are a very common type of loan. You can get different types of car loans including used car loans and new car loans. You may also need a special loan if you have a bankruptcy on your record. Refinancing a car loan is also an option. If you need help with car loan questions or answers about car loans or "what is a loan-to-value ratio?", Zuuply.com has the answers you are looking for.

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What is a loan-to-value ratio?

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