Unless you were born on another planet, you know that the internet has the largest source of information on any subject known to man. That being said, there is no reason that a person with access to the internet can not be fully informed and knowledgeable on the best rates and terms they are able to receive with their current credit situation.
There are quite a few websites on the internet with information on the different lenders which outline the type of credit you need, monthly income, and basic requirements that you need in order to qualify for a loan through that specific lending company.
If you have had previous credit problems, you may need to look into sub prime financing. These types of lenders offer financing for people that have less than perfect credit and will extend a line of credit with an interest rate based on your specific credit.
One of the major sub prime lenders is Capitol One. This has been around for quite awhile and offer a wide range of interest rates for people in all different credit situations.
Another, would be Wells Fargo® which normally will have the best rates and is a very well known company that deals in many different avenues of the financial world.
Lastly, there is Chase Auto Finance® which goes by the black book value of a vehicle and will figure your loan amount based on that figure.
All three of these lenders are well known with a variety of rates and terms that are based on an individuals credit situation, so keep in mind that even though a friend of yours payed a higher interest rate, you may not have to.
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