*Loan,banking and credit>>>auto loan

Auto loans?

What's a good Interest Rate? Eloans.com seems to be too good to be true. Anyone know anything about them? Anyone have any better places to get an auto loan? I also tried LendingTree.com. That was a joke - extremely high.

Agree on the new car thing, all manufacturers will have incentive programs, go to a dealer and ask.

Online searching will give you an idea for rates. For a used car I would say that going to your local credit union is your best bet. Call around or go talk with a loan officer.

Just my opinion, but stay away from the large banks, even if they have a good rate, you will pay and pay and pay on fees and other hidden costs.

Check out the link provided for car loan rates. Source(s): http://finance.yahoo.com/loan

Ask at the dealer if it is a new car. Some manufactures offer great rates this time of the year to make the cars sell. And the dealers can tell you some rates from banks they work with..

Shop around and get the lowest you can.. it's your hard earned money
intrest rates cause you to pay alot of extra money. save your money and by your car at once.
Manufacturers sometimes offer special rates, as low as 0%, but you need EXCELLENT credit (usually 750 FICO or higher) which most people don't have.

But usually you'll get the better deal financing through Costco.com (partnership with Capital One) and choosing the factory rebate (over the low finance rate) instead.
As mentioned, credit unions are good options, and they usually are more competitive than the banks. Just make sure the credit union you use reports to the credit bureau. Amazing as it seems, some do not. If this is the case, it won't help to build your credit.

New car incentivized rates can be very low. And, if financing a significant amount of money, the rates will often beat out the rebates. Be sure to have the finance manager look at both options for you.

Another great option is the factory certified pre-owned at the franchise dealerships (Ford, Toyota, Lincoln, etc.). Most all these programs have special interest rates, PLUS, you're buying a pre-owned that has been checked over thoroughly. And, since it's pre-owned, no initial depreciation of the new car. And, at least with Ford, Lincoln, & Mercury, even if you're credit-challenged, you'll can still qualify for rates lower than traditional banks!

To answer your question on what is a good rate, currently I'd say anything under 7% if your score is 720 or better. If your credit is less, the rates will go up from there. The certified programs I mentioned have some rates starting at 3.9%. Although each one is different. I know Ford,Lincoln,Mercury's program is currently 5.9% in our region. Just don't expect any banks to match anything this low.
There may be something of use here.