What is the highest interest rate for a subprime auto loan?

Jamie G asked:

I have really horrible credit due to my divorce…like 400! I am working very hard to build it back up. I was “approved” for a subprime auto loan but I want to know what I can expect the interest rate to be on a used auto. What is the highest ( worst ) it can be? Are we talking 30% or more? I live in New York if that matters.

Thanks so much for your help!

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2 Responses to What is the highest interest rate for a subprime auto loan?
  1. EskimoQ
    October 10, 2009 | 4:55 am

    Low payment auto loans

    Not sure. You’re best bet is to check with GE.

  2. SPIFIMAN1
    October 13, 2009 | 8:34 am

    Find an auto loan online

    With your score it will be what ever your States maximum rate is.

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