Jun 22 2011
Interest rate good/regular/bad credit?
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I want to know what is the interest rate for good, bad and regular credit for an auto loan? It is for an assignment and i need to calculate monthly payments, but i need the interest rates. thanks
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Stupid Flanders said:
These are ballpark figures. Each lender has its own requirements and interest rate availability.
Excellent Credit new cars – 0%-6%
Good credit new cars – 0%-8%
Fair Credit new cars – 8%-15%
Poor Credit new cars – 15%-30%Excellent Credit used cars – 4.5%-7%
Good credit used cars – 5.5%-8%
Fair Credit Used cars – 8%-15%
Poor credit used cars – 15%-30%Like or Dislike:
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0June 22nd, 2011 at 7:57 am
