Your credit score is one of the most important factors lenders look at when deciding how much interest to charge on your auto loan. Avoid unpleasant surprises by finding out your score before you ...
The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...
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Need to finance a car? Learn what you're signing up for first
Getting a new ride is exciting, but be sure you know what you're getting into if you have to borrow to buy one.
Edmunds reports that a 60-month car loan is ideal, balancing payments and interest, while longer terms lead to higher costs ...
Jeanine Skowronski is an editor, writer, and journalist with more than 15 years of experience in personal finance and business, including roles at Bankrate, CreditCards.com, and Policygenius. Her work ...
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