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October 3, 2018 - Industry News

Edmunds: Auto Loan Interest Rates Climb Back to Pre-Recession Levels

With September in the books, Edmunds reported this week that interest rates have stayed above 5% for eight months in a row and now mirror levels not seen since before the Great Recession.

Tags: APR, Auto Loan Terms, Auto Loans, Edmunds, interest rates, new-vehicle financing

November 10, 2016 - Industry News

South Dakota Voters Approve 36% APR Cap on Short-Term Loans

South Dakota voters approved an initiated measure aimed at capping interest rates on short-term loans in the state. Included in the cap are all charges for ancillary products and any other fees included in the extension of credit.

Tags: APR, Auto Title Loans, F&I office, Payday Lending, South Dakota

July 9, 2015 - Industry News

Ally to Offer APR, FICO Score and Secure Email for Auto Consumers

Starting July 19, Ally will offer customers direct access to their FICO Scores and APR within their online accounts. The finance source has also launched a secure email feature on its site to help customers send and receive account information and documentation.

Tags: Ally, Ally Financial, APR, Auto Loans, FICO Score

July 3, 2012 - Industry News

Navy Federal Offering Low Rates to Military Personnel

For military personnel and their families, Navy Federal Credit Union offers low rates for auto loans.

Tags: APR, Auto Loans, Navy Federal Credit Union

September 6, 2011 - Industry News

Navy Federal Lowers 36-Month Auto Loan Rate

Navy Federal Credit Union announced that it has lowered its 36-month new auto loan rate to an APR as low as 1.79 percent. It plans to maintain this rate, along with its 1.99 percent new auto rate for loans of up to 60 months.

Tags: APR, Auto Loans, Credit, credit unions, interest rates, Navy Federal Credit Union

January 24, 2011 - Industry News

Edmunds.com: APRs Hit an All-Time Low in December 2010

December car buyers enjoyed the lowest-ever annual percentage rates (APRs) on their auto loans, according to data gathered by Edmunds.com.

Tags: APR, Edmunds.com, Luxury Vehicles

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