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Why can’t I get an auto loan under 14%?
Why can’t I get an auto loan under 14%? My car broke down and I need a new one. I’m trying to find a good lender. I’ve applied through Chase and MyAutoLoan and both gave me offers with an interest rate around 14.7%. Everything recent I can find online says that’s “deep subprime” territory. My credit is average (670ish). I have minimal black marks on it (1 or 2 late payments from like...
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