The APR, or Annual Percentage Rate, of a loan is the amount of interest you’ll be charged in one year for that loan. The APR ...

The average auto loan interest rate for new cars in the fourth quarter of 2024 was 6.35 percent, while the average used car loan interest rate was 11.62 percent. Your credit score plays a ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

saving money via a low interest rate on a car loan matters more than ever. To get the best possible interest rate on a car loan, it’s important to understand two things: the current marketplace ...

A less-than-perfect credit score can be a barrier to favorable terms on auto loans. Fortunately, even if your credit history has some blemishes (think scores below 670), you still have plenty of ...

Lower rates make it cheaper for businesses to borrow ... warnings a recession may be looming as Americans fall behind on auto loans and consumers long-term expectations for inflation soared ...

A record number of Americans are falling behind on car loans—and more than one factor is causing the trend.

It opted to leave the benchmark rate unchanged in March 2025. While auto loan rates have begun to decrease, it will likely take several rate cuts before borrowers see significantly lower rates.

The Federal Reserve held interest rates steady on Wednesday, keeping its benchmark rate — known as the federal funds rate — ...

Even though the central bank held rates steady at the last few meetings, average annual percentage rates have eased. The ...