Best Bad Credit Auto Loan Rates in March 2024
While a bad credit auto loan is technically no different from a normal loan, you can expect higher interest rates. Bankrate has reviewed and compared the best rates for bad credit auto loans.
Rebecca Betterton is a writer for Bankrate who has been reporting on auto loans since 2021. Through her writing, Rebecca aims to provide clarity and accessibility to the automotive loans industry as the cost of financing new and used vehicles continues to climb due to steep inflation.
She specializes in assisting readers in navigating the ins and outs of securely borrowing money to purchase a car, but recently widened her scope to cover personal loans and other debt topics. Prior to her time at Bankrate, she was a social media reporter and copywriter.
When Rebecca isn’t researching recent trends in personal finance, she is an avid runner and a lover of interior design.
Rebecca understands the anxiety that comes with heading to a dealership. She is passionate about empowering readers to make informed financial decisions in the showroom through focused advice and guidance. Outside of that, she has spent the last year researching EV financing and trends to make it more accessible for all sorts of drivers.
While a bad credit auto loan is technically no different from a normal loan, you can expect higher interest rates. Bankrate has reviewed and compared the best rates for bad credit auto loans.
When you refinance your car loan, you may receive a lower interest rate and save money on payments. Bankrate reviewed and compared the best auto loan refinance rates.
Gravity is an auto loan marketplace enabling borrowers to compare top refinance offers online and in minutes.
Bank of America has nationwide coverage, but a high minimum loan amount and restrictions on dealerships.
Refinancing your car loan can save hundreds — if not thousands — in interest. But it comes with some drawbacks.
Getting the best financing for your new set of wheels requires time and research.
Vroom has discontinued selling and financing used vehicles, making Vroom auto loans unavailable. However, there are other online alternatives worth exploring to purchase and finance a used car.
Shift declared bankruptcy in October, so check out its competitors instead.