Question by Pinky: Interest rate good/regular/bad credit?
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
Best answer:
Answer by Stupid FlandersThese 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
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