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For example, if you have very good credit (between 680 and 739) and are financing a new Ford car in Indiana with a $35,000 loan, your APR could be as low as 8.29% with a 72-month term.
After about seven months, I reached excellent credit and was able to refinance my high-interest car loan with a new lender that gave me an interest rate that was a fraction of my previous rate ...
Very good credit: 740-799. Excellent credit: 800-850. ... people with poor or fair credit typically pay much more for car loans, credit cards, mortgages and other forms of borrowing.
What to look for: NIH Federal Credit Union offers standard beginning APRs of 2.24% for new and used auto loans with terms of up to 36 months, 2.74% for auto loans from 37 to 48 months and 2.99% ...
Lower interest payments: Home equity loan interest rates tend to be less than auto loan interest rates, and if you have good credit you may qualify for rates that currently are as low as 6.75 percent.
Borrowers with excellent credit and a loan amount of $12,000 or less may qualify for the lowest rates. You may earn rate discounts if you are using at least 85% of the loan funds to pay off ...
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