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Auto loan rates vary depending on how long one takes to pay off the car and whether it is new or used. For a 60-month new car, the interest rate is 4.1%. For a 48-month new car, the interest rate is 4.02%. For a 36-month used car, the interest rate is 4.69%.
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What are the current average rates for auto loans?
Auto loan rates are very indicative of the individual person taking one out. Things considered in figuring out the rate would be the person's credit history and current income.
What is the average fixed rate on a student loan?
The current average fixed rate on a student loan is %6.80. Of course this changes on a regular basis as the economy and prime rate fluctuate. This also depends on the country you are living in.
Auto Loans Rate Information Online?
Knowing the average or typical rate on auto loans is the first step to being able to find the best auto loans rate. Finding that rate is usually a matter of checking two or three auto loan sites, such as those run by banks or special comparison sites that enable you to find quotes from different providers. Please note that the auto loan rate you will actually be offered may differ from the average or from rates offered on sites due to the size of the loan you need, your age, your credit history and other such factors.
How does auto loan refinancing work?
You get a loan from a bank to pay off the current loan on your vehicle. You would do this to lower your interest rate. Make sure to consider the closing costs when refinancing.
What is the current average interest rate for a home equity loan?
The most recent average interest rate (as of 6/05/13) for a home equity loan is 6.09%. Let it be noted that this rate changes every minute, hour, day, and month.
What is the average interest rate on a motorcycle loan?
The average interest rate on a motorcycle loan is 100000
Are there any websites where you can compare national car loan rate averages?
You can find a selection of average car loan rates for new and used auto loans at the HSH homepage. You can also compare national auto loan rates at the homepage for BankRate.
What is the current interest rate for HSBC Auto?
HSBC Auto offers auto loans to customers with poor credit. The firm was founded in 1995. The average interest rate on HSBC Auto loans is between 20 and 28 percent.
Where can the current student loan rate be obtained?
A student can obtain the current student loan rate from websites online such as FinAid or Direct Ed or the New York Times. Googling current student loan rate would be a good place to start.
How can you find the current equity loan rate for a specific state?
Home equity loan rates are based largely on the credit rating of the person applying for the loan. Although one may be able to find out the average rate in a particular state at any time, that does not mean that the loan rate will apply for everyone that wants a loan in that state.
Does your credit score affect your auto loan rate?
Absolutely it does! Your credit score is used by credit agencies to determine the amount of risk they are taking on. If your credit score is bad or low then you auto loan rate will be higher. However, if your credit score is good or high then your auto loan rate will be lower.
What are the current auto loan rates in Worchester?
The rate at which an auto loan can be approved is directly related to the credit-worthiness of the applicant. Consumers with high credit scores enjoy the lowest rates. Consumers with flawed credit are offered loans with higher rates.
