Search Results for 'african americans and new car payments' ↓

Study: Blacks pay higher auto loan rates As if we didnt know this already?

Mar 5th, 2010
by admin.
6 comments

WASHINGTON – Blacks have been charged higher auto loan rates than other auto buyers, federal research says. But the gap in loan rates could narrow, and possibly disappear, as the result of recently concluded lawsuits.
ADVERTISEMENT
Blacks paid a typical auto loan rate of 7 percent for new cars, compared with a rate of 5 percent [...]