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Average Auto Loan Interest Rates: 2019 Facts & Figures. updated September 3, 2019 Yowana Wamala The national average for US auto loan interest rates is 4.21% on 60 month loans. For individual consumers, however, rates vary based on credit score, term length of the loan, age of the car being.
Clarington Statistics. Employment rate is: 60%. On the average a household in Clarington earns an income of $107,000. As per the most recent stats, Clarington has 28,900 listed homeowners . Based on the latest stats, on the average, a salary in Clarington is at the level of $48,300 per month.
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How To Determine If Your Loan Interest Rates Are Competitive – The lower rates are for ARM loans (shorter term rate lock) and the higher rates are for the 30-year fixed. Consumers Lose & Lenders Win. In our current economy, most people are paying over 6% on their student loans when the best rates are 4%. Many pay 4.5% for an auto loan when 2.5% is available right around the corner.
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For most people, buying a car means financing the purchase through an auto loan. Last year, the average new car loan reached a record $31,722, making it more important than ever that you find the best place to get an auto loan (at the best rate) before making a decision.As we researched the best auto loans, we looked for lenders that offered a wide range of loan types, quick approval, solid.