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Finance terms beginning with V
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Variable rate
This means that the interest rate can go up and down depending on the national banks base rate as it fluctuates during the term of the loan
Van Finance
Van Finance is the term used when you are looking for a loan for a van instead of a car. Van Finance is very popular among small businesses that need to buy a van but do not have the capital to buy it outright.
VIN
VIN is an abbreiviation for Vehicle Identification Number. This is a unique serial number that every vehicle is given in order to prevent fraud or vehicles that may have been involved in accidents being sold on under the guise of another vehicle.