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 (141,500 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.

108,713 questions

117,630 answers

1,356 comments

7,058,495 users

...