Probably around 15 – 17%. If you can buy down some of your debt it’ll help raise your score and get you a lower interest rate.

I bought a car and my interest was 9.99%. My score is about the same as your score

Auto finance is what I do for a living and auto loans are based on the following factors;

1. LTV (loan to value).
2. Term of loan.
3. Age of vehicle.
4. Miles on vehicle.
5. Down payment.
6. Time on job.
7. Time at residence.
8. Monthly income before taxes.
9. Credit score/profile.
10. Total debt to income ratio.

With a 576 score you will fall into the sub-prime arena and depending on how the above are submitted to the lenders your rate could be anywhere from 12.99% to 18.99%.

I don’t think the people who are quoting 7% know the current rate market or the art of subprime lending.

Your interest rate is probably going to be much higher than 7%. Most likely between 15-20% depending on the vehicle year and what finance company you go through.

That is not a high credit score so my guess is that you would be 8 to 12% probably? The ideal credit score is around 700 or above. The score you have shows that you have had many inquires and probably many late payments being made on loans, and or credit cards too!

7.2%

not that good probably 7%