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Not sure how to finance your next car? This guide breaks down loan options for autos to help you pick the right one.
As of January, over 6% of auto loans were delinquent by 60 days or more, according to Fitch Ratings. With the recent trend of ...
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What Is the Average Car Loan Length?
The average car loan length is 68 months, according to the 2024 Experian State of the Auto Finance Market report. This is ...
Generally speaking, the higher your credit score, the lower your car loan interest rate is likely to be. Also, the type of vehicle you buy affects your interest rate. For example, used car loan ...
Bad credit can hold you back financially. While it might be more challenging to find an auto loan, it's still possible to get ...
Car buyers are opting for extended loans as average prices soar to $48,000, but experts warn this may lead to long-term ...
How much down payment for a car do you need? This guide breaks down typical amounts and when it’s okay to put less down.
Most conventional lenders prefer to see a DTI of 36% or lower, though some allow up to 43%. Government-backed loans, like ...
In our $35,000 loan example, it’s the equivalent of saving more than $6,500 on an 84-month auto loan with a 5% interest rate. The catch, however, is that you may not qualify for these interest ...
For example, the average car loan interest rate for people with a 730 credit score is 6.70 percent for new cars and 9.63 percent for used cars, while those with a credit score of 550 can expect an ...