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  2. How to get the best auto loan rate

    www.aol.com/finance/best-auto-loan-rate...

    Credit score. Average interest rate for new car loans. Average interest rate for used car loans. 781 to 850. 5.61%. 7.43%. 661 to 780. 6.88%. 9.33%. 601 to 660. 9.29%. 13.53%. 501 to 600....

  3. What is the Average Car Loan Interest Rate? - AOL

    www.aol.com/average-car-loan-interest-rate...

    Average car loan interest rates impact the auto loan you qualify for, and understanding auto loan interest and your credit score can help you make a smart buy.

  4. Discover the Best Place to Get a Car Loan and Keep ... - AOL

    www.aol.com/discover-best-place-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...

  5. Average auto loan debt grew 5.2% in 2023. How will it affect ...

    www.aol.com/average-auto-loan-debt-grew...

    Those with poor credit scores saw the largest average balance increase, 8.8%, as subprime financing costs, which already carry much higher financing APRs than car loans for those with better...

  6. Credit score - Wikipedia

    en.wikipedia.org/wiki/Credit_score

    Nearly every consumer will have different FICO scores depending upon which type of FICO score is ordered by a lender; for example, a consumer with several paid-in-full car loans but no reported credit card payment history will generally score better on a FICO automotive-enhanced score than on a FICO bankcard-enhanced score.

    • 'Now is the time to take some action' on credit card debt, expert says
      'Now is the time to take some action' on credit card debt, expert says
      aol.com
    • Finance News & Latest Business Headlines
      Finance News & Latest Business Headlines
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    • Credit card debt hits a record high at $1 trillion, NY Fed says
      Credit card debt hits a record high at $1 trillion, NY Fed says
      aol.com
    • 'A sign of trouble?' Why more Americans are missing their debt payments.
      'A sign of trouble?' Why more Americans are missing their debt payments.
      aol.com
  7. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Car purchases. The most common method of buying a car in the United States is borrowing the money and then paying it off in installments. Over 85% of new cars and half of used cars are financed (as opposed to being paid for in a lump sum with cash). [2] Roughly 30% of new vehicles during the same time period were leased.

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