Car Financing in a Recovering Economy

After three years of tight credit and high interest rates, things are starting to look up for consumers who want to finance their car purchases. Credit restrictions are easing and interest rates have dropped. Even people with imperfect credit scores can find financing for their car purchases, auto financing experts say. As always, however, credit history does control the amount buyers can finance and the interest rates they'll pay.

"There definitely is a changed marketplace," says Melinda Zabritski, director of automotive credit for Experian. "We're seeing a year-over-year increase in the percentage of loans that are booked in ... Back to article