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What is a good interest rate for a car loan? The answer depends on your credit score

1 month ago   |   By Business Insider

Shop around to make sure you're getting the best interest rate.
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An auto loan's interest rate will depend largely on your credit score.
Those with a credit score between 781 and 850 saw an average new car interest rate of 2.34% in 2021.
Meanwhile, borrowers with scores in the lowest range saw average rates of 14.59%.
See Insider's picks for the best car loans of 2021 »
When shopping for a new car, one of your first considerations is probably how you'll pay for it. If an auto loan is in your future, it's worth doing your research on what...
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