The market has been freaking out over the implications of cheap oil. Yes, it’s great for consumers filling up their gas tanks. However, the oil crash is slamming energy profits, causing tens of thousands of job losses, crushing emerging markets like Mexico and Brazil and raising questions about the health of the global economy..
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According to Experian, new car buyers who obtained interest rates of 1 percent or less had an average credit score of 754. For reference, that considered credit; prime scores go all the way up to 850. The average credit score for a new car buyer in the first quarter was 713, and the average interest rate was 4.7 percent.
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