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Auto loan pre-approval demonstrates to dealers that you're a serious car shopper and helps you avoid overpaying on financing, ...
Analysts say an increase in late car payments is a concerning trend: despite stubborn inflation and high interest rates, ...
If you want to save money on your auto loan or pay it off sooner, adjusting the amount you pay per month can help. This car loan payoff calculator can show you those potential savings and ...
CNBC Select evaluated dozens of auto loan providers based on loan terms, car buying experience and other factors to determine the best car loans.
Key takeaways The highest auto loan rate in 2024 was 8.58 percent for a four-year used car loan in the months of February and July. The lowest auto loan rate in 2024 was 7.41 percent for a four ...
Key takeaways The average auto loan interest rate for new cars in the first quarter of 2025 was 6.73 percent, while the average used car loan interest rate was 11.87 percent. Your credit score ...
With the Fed's benchmark holding steady, the average rate on a five-year new car loan was 7.3% in May, near a record high, while the average auto loan rate for used cars was 11%, according to Edmunds.
Changes to the Fed rate directly affect the rates lenders charge for most loans, while other Federal Reserve policies can encourage banks to accept or reject more loan applications. Here's what to ...