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Most Recent Car Loan Rates Articles Page 4
How Does Car Loan Interest Work?
Nowadays, most car loans use simple interest. This means interest accrues daily based on the principal. It’s also virtually unheard of to have an auto…
By Meghan Carbary - August 21, 2018What is APR on a Car Loan?
If you’re taking out a car loan, it’s important you understand what your annual percentage rate (APR) means and how it’s calculated. APR is the…
By Megan Foukes - August 3, 2018How Simple Interest Car Loans Work
Simple interest auto loans are a type of amortizing loan, where a portion of every payment goes toward interest charges while the rest is applied…
By David Topham, Content Manager - December 27, 2017Fixed Rate Loan vs. Variable Rate Loan Terms for Cars
Unless you plan to agressively pay down your debt, avoid a variable rate loan; get a fixed rate loan instead. Learn why fixed rate loans…
November 9, 2016First Time Buyer Car Loans: Typical Terms, Tips for Better Rates
First time buyer car loans can have high interest rates due to lack of credit history. There are a few tricks you can use to…
November 9, 2016Credit Score for Car Loan: Average Rates to Expect Based on Credit Score
If you’re looking at evaluating your credit score for a car loan, you’re doing one of the best preliminary steps in “consumer credit research” that…
November 9, 2016Getting Lease Buyout Car Loans with Low Rates
A lease buyout is the option to buy the vehicle you leased. If you like your car and you've had no problems with it and…
November 9, 2016Typical Interest Rates for Good and Bad Credit
Before getting your heart set on the perfect new or used car you need to understand how much you can afford to pay for a…
By Rebecca Ballard, Automotive Editor - November 9, 2016What is the Average Car Loan in America
Agencies like the Bureau of Labor Statistics have average car loan amounts and interest rate data. Find out whether the offer you're getting is normal.
November 9, 2016Getting Classic Car Loans With The Best Rates
Classic car loans are often harder to get than new car loans, but there are ways to make the process easier.
November 9, 2016
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