What is the average interest rate for a car loan with bad credit?

+1 vote
asked Dec 9, 2017 in Buying & Selling by Nishie (270 points)
What is the average interest rate for a car loan with bad credit?

1 Answer

0 votes
answered Dec 10, 2017 by Minty (132,850 points)
If you have bad credit then it will be very hard to get a car loan but some dealerships will help you finance a car with a car loan and help you build your credit rating.

People who take out car loans with bad credit pay on average 18% interest rates.

98,443 questions

94,821 answers

1,270 comments

6,992,820 users

...