If you are having bad credit history and looking for car loan, read our guide to find out more about interest rates and approval process. Savvy – Bad Credit car loan interest Rates Skip to main content
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To understand whether or not the rate you are being charged is high or just a result of a bad economy, you need to compare the rate to what other places are offering. Credit. You credit score will be a big factor in what interest rate you will be offered for a car loan. If your credit is poor, you will be charged a higher interest rate than if.
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This calculator enables you to select your state from a dropdown, as well as the type of loan, then serves up average interest rates based on six different credit tiers. This should enable you to tell whether the car loan interest rate being offered to you is too high or not.
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September 2, 2016 – To get the best possible interest rate on a car loan, it’s important to understand the current marketplace and your personal financial situation. Hi, Guest ! Save cars.
Get current auto loan interest rates and recent rate trends, every week, from Bankrate.com View current auto loan rates based on Bankrate.com’s weekly national survey of large banks and thrifts.
Interest rates on new car loans have reached their highest level since 2009 according to industry analyst firm Edmunds.com. Interest rates on used car loans is rising too.