Car Loan Tip No. 93 Bad Credit Car Loans - How Much More in Interest?There is no way around it – bad credit car loans mean higher interest rates. But just how high? It is not surprising to avail of an auto loan with a 12% and upwards interest rate compared to a 6% to 7% interest rate for people with good credit standing. That’s a big difference indeed. So if you can delay the loan, see if you can improve your credit score first. If not, try to get a loan with interest rates nearer 12% (instead of upwards!).Written by: Anthony Recto Next Car Loan Tip
| 
