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The average auto loan rates vary by credit score, with a range from roughly 5 to 18 percent, with lower rates going to those with higher credit scores.
A personal line of credit (PLOC) is a line of credit similar to a credit card that can provide you with funds you pay back with interest. Learn more here.
A student loan grace period is a set amount of time granted to students before they must pay down their loans. Grace period terms vary based on loan types.
A car loan is a great way to build your credit as long as you’re making your monthly payments on time. Learn more about car loans and building credit here.
A home equity loan is a loan you repay with fixed payments. A home equity line of credit lets you borrow and repay as long as you stay under the limit.