The poor economy will help you negotiate the best auto title loan rates available in decades. Interest rates are at record low levels the cost of borrowing money is lower than normal. Car title lenders pass these savings on to their customers in the form of lower auto title loan interest rates.
Auto title loan rates vary from company to company and from state to state. Depending on credit auto title loan rates will vary. Currently an average consumer can expect to get an auto title loan at low rates. Auto title loan rates are now ranging anywhere from 5% to 6.2% on average; this rate can be significantly higher depending on personal credit history, the state you live in, the type of vehicle you are using for the loan, and the amount of the loan. Many consumers do not know about their rights to get low title loan rates on refinancing their car. This could force them into situations where they will fall victim to higher rates.