Tag: Auto Loans

What Is the Average Used Car Loan Rate?

January 19, 2021 Apartment Hunting Auto Loans

Article originally published July 13th, 2016. Updated October 30th, 2018. More people are opting to lease their new set of wheels instead of purchasing them, according to Q2 2018 data from Experian. The number of auto loans grew to an all-time high, with leasing surpassed 30% of all new consumer vehicle sales. But the interest rates consumers are... Read More

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What Happens When You Pay Off Your Car Loan?

January 11, 2021 Apartment Hunting Auto Loans

According to the Consumer Financial Protection Bureau, around 2.3 million car loans originate every year. Car loans can take years to pay off. So when you finally pay it off, you might be wondering—now what? What happens when you pay off your car? What should you do with the money you were previously putting towards... Read More

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