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Auto loan interest rates are currently out of whack, running slightly higher than usual, and banking experts are not sure how long it will be before they fall to normal levels
A car dealer is giving away secured credit cards to its auto buyers.
Bankrate.com readers share their worst experiences with auto loans
The trend toward securitization in automobile loan financing is eroding the previous link between car loan interest rates and other interest rates
Car shoppers scouring the Internet for price information and tips on outsmarting the dealer should add one more task to their online list: auto financing.
Most large banks and half of the major auto manufacturers do not offer online loan applications on their Web sites.
A number of banks, credit unions and finance companies are offering pre-approved auto loans through web sites, promoting fast turnaround time and a range of dealerships to choose from.
Two major automakers are revving up customer rebates and incentives this summer in an effort to boost sales, but hefty interest rate hikes are taking a bite out of discount financing.
The high loan-to-value and subprime lending industry has taken a beating in the past couple months, leading observers to speculate that rates on new loans will rise even as the availability of those loans [...]