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‘That is 72 months of death’: This young Texan took out 2 car loans with interest rates of 13% and 25% — and now he’s stuck. Here’s how to avoid being paralyzed by debt
Bank of America’s car loan rates start at 6.29% (new cars) or 6.49% (used cars). Repayment terms range from 48 to 72 months. The minimum loan amount depends on your state but is typically...
Most lenders offer terms between 24 and 84 months, but some lenders offer terms up to 96 months. The average loan terms for new and used car purchases are 68.26 and 67.57 months, respectively ...
A good auto loan rate is generally any rate below the average for your credit profile. For drivers with excellent credit, the average rates are 5.07 percent for new cars and 7.09 percent...
For auto loans of 24 to 72 months, RBFCU offers a starting APR of 3.74%. For loans with a term of 78 to 84 months, the starting APR increases to 5.25%. Alliant Credit Union
If you're buying a car, learn how to get the best car loan, review where you can get an auto loan, and discover what a good interest rate looks like in 2022.
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