Auto Loan Rates Today: Is Now a Good Time to Refinance?

People sitting in truck of car wearing fall clothes

If you’re watching auto loan rates today and wondering whether it’s a good time to refinance, the answer depends less on where rates are headed next and more on the rate you’re paying now. If current auto refinance rates are lower than your existing APR, refinancing could help you reduce your monthly payment, pay less […]

Why Are Interest Rates Higher on Used Cars? Your Questions Answered

used car lot

If affordability drives your search for a new car, choosing a used vehicle is one way to save. One thing to keep in mind, however, is that used vehicles can come with some hidden costs, particularly if you choose to finance your vehicle. In most cases, interest rates on used car loans are higher than […]

How to Calculate Interest on a Car Loan

Set of car keys sitting on top of an approved auto loan application

Buying a car is a significant financial commitment. In fact, car loans are the second largest financial commitment most people will make (the first being a home mortgage). Learning how to calculate interest on a car loan will help you sift through your options and choose the loan terms that are best for you and […]