What is the interest rate for a car loan from Fifth Third Bank?

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Community Rating Strongly not recommended
Credit Score Range 700 – 850
Loan Amount $2,000 – $80,000
APR (Fixed APR) Starting at 2.74%
Loan Term (Months) Up to 75 months

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Similarly, can I pay my Fifth Third car loan with a credit card?

Sydney Garth, Credit Cards Moderator

Yes, you can. All you need to do is log into your account at https://www.53.com.

Then, can you have 3 car loans? There is no limit on how many car loans you can have. But your income and credit have to be able to accomodate new car loans. … Do the math, check your credit score and if everything adds up, you can apply for a new car loan.

In this manner, how do I close my 53 bank account?

How large is Fifth Third Bank?

Insurance Disclosure

Rank Bank name Total assets
12 State Street Corp. $322.96 billion
13 Fifth Third Bank $203.98 billion
14 HSBC $194.76 billion
15 Citizens Financial Group $185.04 billion

How much should I put down on a car?

When it comes to a down payment on a new car, you should try to cover at least 20% of the purchase price. For a used car, a 10% down payment might do. Part of your decision will depend on where your credit score stands.

How much should you put down on a $12000 car?

“A typical down payment is usually between 10% and 20% of the total price. On a $12,000 car loan, that would be between $1,200 and $2,400. When it comes to the down payment, the more you put down, the better off you will be in the long run because this reduces the amount you will pay for the car in the end.

How old of a car can I finance for 72 months?

Typically, a bank won’t finance any vehicle older than 10 years, even if you have good credit.

Is a 5 year car loan OK?

But a five-year loan often has a monthly payment that is too high for them, and they end up financing for a longer term even if it costs them more down the line, Zabritski said. … In fact, there are many reasons why you shouldn’t choose a long car loan. Edmunds recommends a 60-month auto loan if you can manage it.

Is Fifth Third Bank a good bank?

Overall bank rating

The bottom line: Fifth Third Bank is based in Ohio and has a strong branch network across 11 states in the Midwest, South and Southeast. But fees on overdrafts are expensive and can add up quickly.

Is Fifth Third Bank closing?

Cincinnati-based Fifth Third Bank will close 43 branches in six states, according to filings submitted Oct. 4 with the Office of the Comptroller of the Currency. The consolidation includes branches in Dayton, Miamisburg, Kettering, Centerville and Middletown. … Main St., Dayton, 45415.

What credit score is needed for a 2021 car?

For best results, you should aim for at least a FICO score of 660 before applying for a new car loan.

What credit score is too low for a car loan?

Nerdwallet points out that, “…at the end of 2017, the average credit score for a new-car loan was 713, and 656 for a used-car loan, according to an Experian report. But nearly 20% of car loans go to borrowers with credit scores below 600, according to Experian. Almost 4% go to those with scores below 500.”

What FICO score do car dealers use?

FICO Score 8

What is the payoff address for Fifth Third Bank?

Send payments to our Payment Address: PO Box 630412, Cincinnati, OH 45263-0412. Mail Written Inquiries/Request for Information: 5050 Kingsley Drive, MD 1 MOCFP, Cincinnati, OH 45227.

Who owns Fifth Third Bank?

Fifth Third Bancorp

Fifth Third Bank corporate headquarters in Downtown Cincinnati
Net income $2.512 billion (2019)
Total assets $169.369 billion (2019)

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