How the Fed affects auto loan rates
The Fed rate has a domino effect that can raise or lower auto loan rates.
2 min read
Oct 21, 2021
EXPERTISE
- Auto Loans
EDUCATION
- Bachelor of Arts in Strategic Communications, Elon University
About the author
Rebecca Betterton is the auto loans reporter for Bankrate. She specializes in assisting readers in navigating the ins and outs of securely borrowing money to purchase a car. Rebecca is passionate about empowering women to make informed financial decisions in the showroom.
When Rebecca isn’t researching recent trends in the world of auto finance, she is an avid runner and a lover of interior design.
Highlights
Rebecca is passionate about providing clarity and accessibility to the automotive loans industry as the cost of used cars has skyrocketed due to inflation caused by the COVID-19 pandemic.
Experience
Rebecca has been the auto loans reporter at Bankrate since 2021. Prior to her time at Bankrate, she was a social media reporter and copywriter.
She earned her bachelor’s degree in Strategic Communications and a minor in Women's Gender and Sexuality from Elon University.
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