Car Loans

Personal Finance

Having trouble keeping up with your finances? Here at GOBankingRates.com, we make personal finance easy by giving you expert advice and up to date financial news. 

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Interest Rates

Sometimes you want a high interest rate; sometimes you want a low interest rate. Find out when you can make interest rates work for you — such as in a high-yield savings account — and know when to be cautious of APRs.

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Ways to Save Money

Follow these expert tips to save more money than ever. Learn how building your savings can change your life and finances for the better. Get started today. Your future self will thank you.

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Personal Loans

You can take out a personal loan for just about anything, but that doesn’t mean that you should. Find out if this is the best choice for your financial situation and create a payoff plan before you borrow.

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Understanding Car Loans

A car is a nonnegotiable purchase in a lot of cities. Finding the right car loan can mean the difference between a smart financial investment and a money mistake that can affect you for years. Auto financing is an unavoidable reality for some people, but searching for the best car loan rates can help you keep your finances balanced throughout the year.

There are several different types of auto loans, including new car loans, used car loans, preapproved loans and refinanced loans. When new- or used-car loan borrowers finance a vehicle from a lender, the financial institution considers the car collateral. The car is used as security in the event that the borrower defaults on the loan, hence the name “secured loan.”

A number of factors contributes to the car loan rates you'll be offered, including your FICO score, auto loan terms, type of vehicle, and down payment amount.