Slacker News Slacker News logo featuring a lazy sloth with a folded newspaper hat
  • top
  • new
  • show
  • ask
  • jobs
Library
← Back to context

Comment by swiftcoder

6 hours ago

They are the default in much of Europe, though the expectation is that you'll likely trade the car in when the balloon comes due.

2 comments

swiftcoder

Reply

dahcryn  4 hours ago

not in my part of europe?

  • swiftcoder  2 hours ago

    Here in Spain it is pretty much all car loans. Also popular in the UK and Ireland (Personal Contract Purchase), Germany (Ballonfinanzierung), France (Crédit Cool), and so on

Slacker News

Product

  • API Reference
  • Hacker News RSS
  • Source on GitHub

Community

  • Support Ukraine
  • Equal Justice Initiative
  • GiveWell Charities