2. INTRODUCTION
There are several factors that work together to help
determine your car loan interest rate. Here are some
of the important ones:
3. 01
Your Credit Score
If your credit score meets the expectations of the lender, you are likely to
get a low interest rate.
4. 02
The Size Of Down Payment
The more money you have available to put down, the lower your
Interest rate will be.
5. 03
Income Stability
If your income is stable and you have good employment history, it will
help you get approved for an affordable car loan.
6. 04
Length Of Auto Loan
Itโs best to keep your auto loan as short as possible, 4-5 years is
a reasonable term length
7. 05
Model & Age Of The Car
Lenders take the age and model of the car into account when determining
interest rates.
8.
9. ABOUT FIND MY AUTO
Find My Auto helps individuals get approved for
affordable vehicle loans no matter your credit
history, income, or financial situation. We will
help you get the lowest interest rate possible.