A subprime auto loan is a type of loan used to finance a car purchase offered to people with low credit scores or limited credit histories.

Bad credit can be a barrier to being approved for a car loan or for getting favorable terms. Fortunately, even if your credit history has some blemishes, you still have options from banks, credit ...

Just over 14% of consumers have a poor credit score, defined as below 580, according to Experian data from 2025. A low credit score typically means less favorable terms on a car loan (and most other ...

The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...

Credit union auto loans work like auto loans from other lenders but often have lower interest rates and other benefits.

Gravity Lending compares auto refinance rates, but prepare for a hard credit inquiry ...

A seven-year car loan might help you to get those monthly payments nice and low, but think about it, you're going to spend 84 ...