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

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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

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answered Dec 10, 2017 by Minty (142,100 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.

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