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  2. Average Auto Loan Rate for a Used Car in All 50 States

    www.aol.com/finance/average-auto-loan-rate-used...

    Methodology: For this study, GOBankingRates analyzed each U.S. state to find the average auto loan rates. Using Edmunds.com’s APR Car Loan Rates from August 2024, the auto loan rates were found ...

  3. How the Fed's rate cut will impact auto loans

    www.aol.com/finance/feds-rate-cut-impact-auto...

    But it will take a lot more than the single rate cut from the Fed to make a notable difference in auto loan rates. Since 2022, the higher rates have pushed the average new vehicle loan payment up ...

  4. When should I refinance my car loan? - AOL

    www.aol.com/finance/refinance-car-loan-165628257...

    The best interest rates on auto loans go to buyers with good or excellent credit — typically a score of 670 or higher. ... the average used car rate in the third quarter of 2023 is 11.35 percent ...

  5. Pros and cons of refinancing a car: Is it right for you? - AOL

    www.aol.com/finance/pros-cons-refinancing-car...

    Lower monthly payments. If you struggle to meet your monthly payments, refinancing can make your monthly payment more affordable and free up cash in your budget. You can get a lower rate, a longer ...

  6. Refinancing - Wikipedia

    en.wikipedia.org/wiki/Refinancing

    Refinancing is the replacement of an existing debt obligation with another debt obligation under a different term and interest rate. The terms and conditions of refinancing may vary widely by country, province, or state, based on several economic factors such as inherent risk, projected risk, political stability of a nation, currency stability, banking regulations, borrower's credit worthiness ...

  7. U.S. prime rate - Wikipedia

    en.wikipedia.org/wiki/U.S._Prime_Rate

    The U.S. prime rate is in principle the interest rate at which a supermajority (3/4ths) of large banks loan money to their most creditworthy corporate clients. [1] As such, it serves as the de facto floor for private-sector lending, and is the baseline from which common "consumer" interest rates are set (e.g. credit card rates).

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