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For first-time car buyers, one of the most daunting parts of negotiating a good deal right now is interest rates.The average auto loan rate for someone with excellent credit is 5.25%, according to ...
Shopping around is the best way to compare your options. Here’s what to know.
Car loans are one of the most common types of debt among consumers in 21st century America. While auto loans are not as common as credit cards, the majority of Americans (62%) have an auto loan in ...
Once you find out your score, you can compare it with the popular 300-850 range from FICO ... You can get a car loan with a credit score of 500, but it may result in a much higher interest rate ...
So combining a down payment of around 10% with gap insurance or new-car replacement coverage will let you keep more money in your pocket without the risk of being underwater on your car loan.
The definition of a good auto loan rate depends on various factors, the main one being your credit score. Experian reports that consumers with a FICO credit score of 720 or higher paid an average ...
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