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2. Car buyers and credit: What auto financing means for credit ...

   www.aol.com/car-buyers-credit-auto-financing...

   Car loans are one of the most common types of debt among consumers in 21st century America. While auto loans are not as common as credit cards, the majority of Americans (62%) have an auto loan in ...

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

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

   Auto loan balances rise across all credit score ranges. Average balances increased for all auto loan borrowers again in 2023. ... Average new car loans are around 8% APR for a five-year auto loan ...

4. Ready for a New Car? Here's How Much Money Good Credit Can ...

   www.aol.com/ready-car-heres-much-money-100018006...

   Here's a look at the average rates for each credit score bracket: Credit Score Range. Avg. Rate for a New Car Loan. 781 to 850. ... Let's assume a typical new car loan of $40,000 and a term of 60 ...

5. How to calculate interest on a car loan - AOL

   www.aol.com/finance/calculate-interest-car-loan...

   Credit score. Lenders weigh your ... the average rate for someone with excellent credit buying a new car was 5.61 percent in 2023. People with bad credit paid significantly more — with an ...

6. Is 700 a Good Credit Score? - AOL

   www.aol.com/700-good-credit-score-105700061.html

   For borrowers with credit scores between 781 and 850, on the other hand, the average interest rate for a car loan is 5.64% for a new car and 7.66% for a used car.

7. How to Get the Best Auto Loan Rates as a First-Time Car Buyer

   www.aol.com/best-auto-loan-rates-first-160019538...

   For first-time car buyers, one of the most daunting parts of negotiating a good deal right now is interest rates.The average auto loan rate for someone with excellent credit is 5.25%, according to ...