Best Car Loan Rates in Philadelphia
The best Car Loan rates in Philadelphia from the many financial institutions vary slightly. At present the national averages is at 5.59% with the lowest being 3.34% and the highest being 10.99%. To obtain the best possible rate you must undergo a credit check and have a resulting score of over 700. If your score is lower, the odds that the financial institution will raise your rate are increased.
For a new car loan with a 48 month term the lowest bank rates in the nation are in Philadelphia with the Bank of America. This loan has to be a minimum of $8,000 and cannot exceed $100,000. The base interest rate is 3.34%. The maximum number of months the term can be is 48 and the minimum is 12. This bank rate was posted on 3/31/10. This is for a loan of 100% of the value of the car.
The next best rate is from PenFed at 3.99% interest. This loan has to be a minimum of $8,000 and cannot exceed $100,000. The maximum number of months the term can be is 48 and the minimum is 12. This bank rate was posted on 4/2/10. This is for a loan of 100% of the value of the car.
The third best rate is from PNC with 4.49% interest. This loan has to be a minimum of $15,000 but there is not a maximum amount. The maximum number of months the term can be is 48 and the minimum is 1. This bank rate was posted on 3/30/10. This is for a loan of 100% of the value of the car.
These are the best bank rates that are posted for consumers to decide on. Fortunately the best rates in the nations are also the best Car Loan rates in Philadelphia.
For additional resources about home loans please view HECM Reverse Mortgages on this website.
For the Chase Bank HELOC Rates, the article can be viewed on a sister website of chaseonlinebankingfan.com.
Another resource for financial information of interest can be found at CD Rates versus Fed Funds Rate Increases which is available on our sister website of www.bestcdratestoday.com.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name.
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Tue, 6th Apr 2010 5:02 am
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