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However, one of the biggest differences among these loans lies in the interest rates charged by the loan lender. Most of the car dealers usually charge almost 30 percent or even more interest on the car loans if the borrower is a bad credit holder. However, the normal interest rates on car loans remain from 2 percent to 5 percent. This is why, bad credit holders whoever avail bad credit loans have to make their monthly payments in time so that they can improve their credit rating. By the way, if you avail a bad credit car loan in Utah ensure that you utilize the money for a good cause or else there are chances that you can risk your credit further more. In this type of loan there is no room for leniency or complacency in payments. As interest rates are higher it would be sensible to purchase a car that is not expensive or else purchase a used car. atlanta mortgage loan american express small business loan pay advance loans loans for christmas